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108 E Main St
Thomasville, NC 27360
Dollar Tree · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • 2020 retrofit for Dollar Tree
  • ±5.25 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
  • Family Dollar is one of the few retailers that thrived through the COVID pandemic and witnessed a sharp increase in samestore sales / profitability
  • 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
11,243 SF
Building Class
B
Year Built/Renovated
1956/2020
Price
$1,745,762 CAD
Price Per SF
$155.28 CAD
Cap Rate
7%
NOI
$122,203 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.66 AC
Opportunity Zone
Yes
Zoning
C4 - Commercial
Parking
68 Spaces (6.05 Spaces per 1,000 SF Leased)
Frontage
331’ on Main St

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-078-0-00B-0001-0-0-0
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,762,266 CAD
  • Listing ID: 30054777

  • Date on Market: 2023-11-14

  • Last Updated:

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

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