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Dollar Tree 129 N Main St 1,796 SF Retail Building Broadway, NC 27505 $2,851,943 CAD ($1,587.94 CAD/SF) 7.20% Cap Rate
INVESTMENT HIGHLIGHTS
- Robust average household income of $93,524 within a 5 mile radius of the subject property, proving an affluent surrounding community to support the st
- Five, 5-year options with rent increases of $5,000 ($.50 PSF)
- The subject property comes with a 20-year transferable roof warranty.
- Extremely strong corporately guaranteed lease
EXECUTIVE SUMMARY
2024 built-to-suit Upgraded construction for Dollar Tree. 10-year NN+ lease with limited landlord responsibilities. 5 mile population of 14,437 residents. 10 mile population of 69,808 residents.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,796 SF
Building Class
C
Year Built
2023
Price
$2,851,943 CAD
Price Per SF
$1,587.94 CAD
Cap Rate
7.20%
NOI
$205,340 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.48 AC
Zoning
C - Commercial
Frontage
121’ on Main St
NEARBY MAJOR RETAILERS
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Dollar Tree | 129 N Main St
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