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Dollar Tree 108 E Main St 10,098 SF Retail Building Thomasville, NC 27360 $1,471,000 CAD ($145.67 CAD/SF) 8.25% Cap Rate

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Investment Highlights

  • 2020 retrofit for Dollar Tree
  • ±5 Years remaining on an initial 10-Year lease
  • Corporately guaranteed lease
  • Dollar Tree acquires Family Dollar in 2015 and they are considered to be the second largest discount retailer in the United States
  • Located in downtown Thomasville, NC, within Davidson County and the greater Piedmont Triad region
  • Investment Grade Credit Tenant – S&P Rated BBB

Executive Summary

Brian Brockman
License No. 298998 (NC)
513-898-1551
Bang Realty- North Carolina
11427 Reed Hartman Hwy Suite 236,
Cincinnati, OH 45241

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,098 SF
Building Class
B
Year Built/Renovated
1956/2020
Price
$1,471,000 CAD
Price Per SF
$145.67 CAD
Cap Rate
8.25%
NOI
$121,358 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.66 AC
Opportunity Zone
Yes
Zoning
C4 - Commercial
Parking
68 Spaces (6.73 Spaces per 1,000 SF Leased)
Frontage
331’ on Main St

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • Double Net
  • Dec 2030

Dollar Tree, Inc. is a major North American discount retailer headquartered in Chesapeake, Virginia. The company operates a large network of small-format stores across the United States and Canada, offering low-priced consumables, household goods, seasonal merchandise, health and beauty products, and snacks. Dollar Tree is widely recognized for its fixed-price strategy, selling most products at a set low price point through its Dollar Tree banner, while its Family Dollar banner offers everyday low-cost merchandise across variable price ranges. Corporate operations at the Chesapeake headquarters oversee merchandising, supply chain, marketing, finance, human resources, and real estate activities supporting thousands of stores nationwide. Dollar Tree emphasizes convenience, value, and efficient distribution, with additional support from multiple distribution centers throughout North America.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - - Double Net Dec 2030
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
16-078-0-00B-0001-0-0-0
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,765,955 CAD
  • Listing ID: 30054777

  • Date on Market: 2023-11-14

  • Last Updated:

  • Address: 108 E Main St, Thomasville, NC 27360

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