Map of Property

Dollar General

For Sale

1324 Burkemont Avenue, Morganton, NC 28655

This Morganton property for sale is located at 1324 Burkemont Avenue. The current listed sale price for Dollar General is $1,171,820. Dollar General is situated on a lot that is 1.33 acre in size.

Contacts

broker
Tyson Glasser

Trinity Partners - Columbia

Property Details

  • Property Type Retail - Freestanding
  • Property Size 9,014 SF
  • Lot Size 1.33 Acre
  • Date Updated Mar 28, 2025
- Strong retail market with 3.7 million SF of space that is 96.3% leased and experienced a 3.4% increase in asking rents YoY (costar) - Quick access to I-40 conveniently connecting the store to Asheville (54 miles west) and Winston-Salem (90 miles east) - Heavy traffic counts on Burkemont Ave near the store of 22,000 cars/day and on I-40 of 44,000 cars/day - Western Piedmont Community College (1800 students) is a mile from the store and UNC Health Blue Ridge (184 beds) is 3 miles away - Over 36,300 residents within a 5-mile radius of the store with an average HH income of $82,000 and median HH income of $60,000- Store is currently undergoing a significant remodel solidifying Dollar General’s long-term commitment to the location - High performing store ranked in the top 25% statewide and top 30% nationwide for the entire chain of 20,000+ locations (placer.ai) - Corporate lease and parent company guaranty (NYSE: DG) with investment grade credit ratings (S&P: BBB; Moody’s: Baa2) - 2 renewal options already exercised with 3 more built into the original 10-year lease that includes 7.5% rent bumps each option
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Getting around

  • 31/100

    Walk Score ®

  • 22/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Morganton, NC
  • Neighborhood Salem
  • Zip Code 28655

Points of Interest

  • Marathon

    0.15 miles

  • Raceway

    0.43 miles

  • Citgo

    0.66 miles

  • Exxon

    0.67 miles

  • Murphy USA

    1.12 miles

  • Speedway

    1.69 miles

  • Ingles

    1.95 miles

  • Carbon City Quality Plus

    2.00 miles

  • Motor Pool

    1.10 miles

  • Horse Trailer Parking

    9.58 miles

  • Dunkin'

    0.24 miles

  • Subway

    0.27 miles

  • Taco Bell

    0.29 miles

  • Zeko's Village

    0.31 miles

  • Tokyo Diner Japanese Restaurant

    0.32 miles

  • Pho Lao

    0.32 miles

  • Butch's Barbeque & Breakfast

    0.34 miles

  • Domino's

    0.38 miles

  • Denny's

    0.47 miles

  • Bojangles'

    0.47 miles

  • Big Lots

    0.28 miles

  • Food Lion

    0.33 miles

  • TJ Maxx

    0.87 miles

  • Ross

    0.88 miles

  • Old Salem General Store & Arcade

    0.90 miles

  • Belk

    0.99 miles

  • Walmart Supercenter

    1.05 miles

  • ALDI

    1.53 miles

  • Laos Lanxang Asian Grocery Store

    1.79 miles

  • Ingles

    1.95 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Tyson Glasser

Trinity Partners - Columbia

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