8302 Belews Creek Rd, Stokesdale, NC for sale

Investment Overview

Lee & Associates is pleased to present 8302 Belews Creek Road, a stabilized multi-tenant retail investment opportunity in Stokesdale, North Carolina. The property is anchored by Dollar General, occupying 10,675 square feet as the primary daily-needs retailer for the surrounding community, alongside Village Pizza at 1,575 square feet and a SECU ATM that enhances on-site traffic and convenience. Dollar General has two remaining five-year renewal options, supporting long-term income stability. The asset generates a current NOI of $104,532 and is offered at a 7.5% cap rate, equating to an asking price of $1,394,000, presenting investors with a secure, necessity-based retail investment in a growing northwest Guilford County trade area.

Investment Highlights

• 12,496 SF Multi-tenant retail building
• 7.79 Acres
• Built in 2007
• Expenses (past 3 year average): $18,941
• NOI: $104,532
• Cap Rate: 7.5%
• Sale price: $1,394,000