2525 Blowing Rock Blvd — Sale in Lenoir, NC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Lenoir, NC 28645

Investment Figures

Cap rate
6.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Brand new 2026 upgraded construction Dollar General | 15-year corporate-backed absolute-net lease with 5% increases every five years. Investment Highlights: • Brand new 2026 upgraded construction Dollar General | 15-year corporate-backed absolute-net lease with 5% increases every five years. • Situated along Blowing Rock Blvd (US Highway 321), a major commercial and thoroughfare corridor in Lenoir, providing excellent visibility and access with over 15,000 vehicles passing the site each day • South of the site along Blowing Rock Road, there are multiple national tenants including Walmart, CVS, Wells Fargo, Longhorn Steakhouse, Zaxby's, AT&T, Taco Bell, Wendy's, Chipotle, and multiple other • Lenoir, the county seat of Caldwell County. Lenoir is nicknamed "Where the High Country Begins." Lenoir offers access to outdoor recreation (e.g., Hibriten Mountain trails, Lenoir Greenway system with 5+ miles of paths, parks, golf, and proximity to the Blue Ridge Mountains). • As of March 2025, Dollar General has 20,454 stores across 48 states. • In 2024, Dollar General reported net sales of $40.6 billion, marking a 5.0% increase from the previous fiscal year. • Dollar General has been in business for 86 years | Dollar General ranks 111 on the Fortune 500 list for 2024

Market Context

This retail in Lenoir, NC is listed for sale. It is offered at an approximate 6.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 99 days. Compare it against other retail listings for sale in Lenoir, NC — view the full market.

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