11-20-2019 – Dairi-O buys site in Lenoir

Posted on: November 20th, 2019 by admin

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November 20, 2019

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Guy Lucas

 

 

Nov 19, 2019 2:17 PM

 

A Winston-Salem-based chain of “fast-casual” restaurants known for their hot dogs and ice cream has bought a high-visibility property in Lenoir.

 

Dairi-O bought the 1.4-acre lot occupied by the former Rite Aid building at the northwest corner of Smith Crossroads for $1.325 million earlier this month, according to Caldwell County property records. The property has a listed tax-assessed value of $1.64 million.

 

A company spokeswoman declined to comment on the company’s plans.

 

Dairi-O has seven locations, with an eigth under construction, but only one so far – in Mooresville in the Lake Norman area north of Charlotte – isn’t in the greater Triad region, which centers on Winston-Salem and Greensboro.

 

Dairi-O opened its first restaurant in King, just northwest of Winston-Salem, in 1947.

 

Dairi-O’s won awards in the 2014 “Best of the Triad” from Yes! Weekly, a weekly entertainment-oriented paper in the Triad, for Best Hot Dog and Best Milkshake.

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