Log In/Sign Up
Your email has been sent.
Dollar Tree | Brand New 10-Yr Lease 106 W Martin Luther King Dr 9,804 SF Retail Building Maxton, NC 28364 $2,349,365 CAD ($239.63 CAD/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 10-Year Lease | Options To Extend
- Across From Piggly Wiggly | Primary Retail Corridor |Strong National/Credit Tenant Presence
- NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
EXECUTIVE SUMMARY
• The tenant, Dollar Tree Stores, Inc., recently signed a brand new 10-year lease with 3 (5-year) option periods to extend, showing their commitment to the site
• The lease features flat rent rent during the initial term and increases of $0.50 PSF at the beggining of each 5-year option period, steadily growing NOI and hedging against inflation
• The lease features flat rent rent during the initial term and increases of $0.50 PSF at the beggining of each 5-year option period, steadily growing NOI and hedging against inflation
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,804 SF
Building Class
B
Year Built/Renovated
2005/2024
Price
$2,349,365 CAD
Price Per SF
$239.63 CAD
Cap Rate
7.50%
NOI
$176,202 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.05 AC
Zoning
CBD - Commercial
Parking
49 Spaces (5 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Pylon Sign
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3306-02-038 | Improvements Assessment | $1,156,757 CAD |
| Land Assessment | $424,719 CAD | Total Assessment | $1,581,477 CAD |
PROPERTY TAXES
Parcel Number
3306-02-038
Land Assessment
$424,719 CAD
Improvements Assessment
$1,156,757 CAD
Total Assessment
$1,581,477 CAD
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Dollar Tree | Brand New 10-Yr Lease | 106 W Martin Luther King Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.