28349 Archives | Sands Investment Group

Sands Investment Group is Pleased to Exclusively Offer For Sale the 8,538 SF DaVita NN Asset Located at 133 Limestone Road in Kenansville, NC. This Deal Includes Over 10 Years Remaining on a Long-Term Lease With 10% Rent Increases Every 5 Years and Limited Landlord Responsibilities, Providing For a Secured Investment.

Over 10 Years Remaining on a Long-Term Double Net (NN) Lease
10% Rent Increases Every 5 Years
DaVita Dialysis is a Fortune 500 Company and Leading Provider of Kidney Care in the United States With Over 3,113 Locations Serving 250,000+ Patients
Corporately Guaranteed Lease Backed By DaVita Inc (NYSE: DVA); DaVita Generated $12.14 Billion in Revenue (2023)
2019 Build-to-Suit
Nearby Tenants Include: Food Lion, NAPA, Subway, Papa Johns Pizza, Family Dollar, Hardee’s, Bank of America, United States Postal Service, McDonald’s, CVS and ECU Health Hospital

In Cooperation With Sands Investment Group North Carolina, LLC – Lic. #29362 BoR: Chris Sands – Lic. NC #300021

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Sands Investment Group is Pleased to Present Exclusively For Sale the 8,000 SF Dollar General Double Net Located at 641 S Main Street in Kenansville, North Carolina. This Deal Includes a NN Lease With Over 3.5 Years Remaining. The Tenant Has Occupied the Space For Over 20 Years and the Landlord Has Kept the Building in Great Condition Which Makes For a Secure Investment.

20 Year Operating History at Location Showing Commitment to the Space
Phenomenal Owner Who Has Installed All New HVAC in 2021
Large Parcel Covering 1.5 Acres
Strong Corporate Guarantee – NYSE (DG)
Dollar Stores Have Been Deemed Essential Businesses During COVID, Proving Yet Again That They Are a Recession and Pandemic Proof Concept Doing Extremely Well
Limited Competition With the Closest Store Being 6-Miles Away
Strong Signalized Intersection That Sees 16,000 VPD
Residents Within 3-Miles Are Making an Average Household Income of Over $50,000 Per Year
County Seat of Duplin County Home to the Duplin Country Club and Liberty Hall
Located in a Strong Retail Corridor With Nearby Tenants Like: CVS Pharmacy, McDonald’s, Hardee’s, as Well as the Kenansville Elementary School

In Cooperation With:Sands Investment Group North Carolina, LLC – Lic. # 29362 BoR: Amar Goli Lic. # 310575

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