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$1,199,999

  • For Sale
  • Active
  • Commercial
  • 8,865 Sq. Ft.
  • 41 Parking Spaces
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1.31 ACRE FULLY DEVELOPED #8865 Square Foot VERY WELL MAINTAINED DOLLAR GENERAL STORE LOCATED CLIFFSIDE, NORTH CAROLINA,(MOORESBORO ADDRESS) Built Year 2009 WITH CORPORATE GUARANTEED NNN LEASE UNTIL YEAR 2055 WITH #5 - 5 Year Options until Year 2055 WITH 10% INCREASES PER OPTION. *This is a VERY HIGH ANNUAL SALES DG STORE ; GROSS ANNUAL SALES FOR YEAR 2024 WERE $1,812,232.00 * AT A $1,199,000 Purchase Price will create a 7.28% Cap Rate *YEARS 2025 THROUGH 2030 ANNUAL LEASE PAYMENT = $87,372.00 YEARS 2030 THROUGH 2035 ANNUAL LEASE PAYMENT = $90,680.40 YEARS 2035 THROUGH 2040 ANNUAL LEASE PAYMENT = $99,748.44 YEARS 2040 THROUGH 2045 ANNUAL LEASE PAYMENT = $109,723.32 YEARS 2045 THROUGH 2050 ANNUAL LEASE PAYMENT = $120,695.64 YEARS 2050 THROUGH 2055 ANNUAL LEASE PAYMENT = $132,765.24 *This property will have generated $3,081,148.00 in NNN Lease Payments.

Full Property Details for 118 Drug Store St

General

  • Price: $1,199,999
  • Status: Active
  • Type: Commercial
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4264427
  • Updated: 12/9/2025
  • Added to Site: 239 day(s) ago

Interior

  • Flooring: Concrete

Rooms

Bathrooms

  • Total Bathrooms: 2

Parking

  • Parking Features: Parking Lot, Parking Space(s)

Location

  • County: Rutherford
  • Driving Directions: * CORRECT GPS ADDRESS IS: 118 DRUG STORE STREET, MOORESBORO, NORTH CAROLINA 28114
  • City Limits: Yes

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Heat Pump

Utilities

  • Sewer: Public Sewer
  • Water: City
  • Utility Description: Electricity Connected, Satellite Internet Available, Underground Utilities

Structural Information

  • # Buildings: 1
  • Builder: UNK
  • Construction Status: Completed
  • Construction: Site Built
  • Exterior Const.: Metal
  • Roof: Metal
  • Ceiling Height: 10
  • Square Feet: 8,865
  • Min Required: 9.86 Sq. Ft.
  • Office: 80 Sq. Ft.
  • Minimum Avail: 8,865 Sq. Ft.
  • Year Built: 2009

Lot Features

  • Lot Dimensions: 119 x 236 x 246 x 295 x 59.05
  • Street/Road Desc.: Paved
  • Elevation (Approx.): 1000
  • Lot Features: Corner Lot, Level, Open Lot, Paved

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Inclusions: Building, Equipment, Fixtures, Land
  • Property ID: 1646804
  • Lot Number: 1006-248

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— 118 Drug Store St —

  • RE/MAX Select

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NMLS#: 1598647

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Schools serving 118 Drug Store St

School District:Rutherford County Schools
NameGradesDistance
Cliffside Elementary School
4016 US Hwy 221-A, Cliffside, NC 28024
K-50.3 mi
Chase Middle School
840 Chase High Road, Forest City, NC 28043
6-84.8 mi
Chase High School
1603 Chase High Road, Forest City, NC 28043
9-124.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 118 Drug Store St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/25/2025
Price Reduced
$1,199,999
—
MLS
10/23/2025
Price Reduced
$1,200,000
-20%
MLS
5/27/2025
Listed
$1,500,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by RE/MAX Select

118 Drug Store Street, Cliffside, NC 28114 (MLS# 4264427) is a Commercial property. 118 Drug Store Street is currently listed for $1,199,999 and was received on May 27, 2025. Want to learn more about 118 Drug Store Street? Do you have questions about finding other Commercial real estate for sale in Cliffside? You can browse all Cliffside real estate or contact a Coldwell Banker agent to request more information.

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