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Dollar Tree | New Extension | 11+yrs Remain 705 Blowing Rock Blvd 10,000 SF Retail Building Lenoir, NC 28645 $2,389,132 CAD ($238.91 CAD/SF) 7.25% Cap Rate
Investment Highlights
- New Extension | Over 11 Years Remaining | Scheduled Rental Increases | Fresh Remodel | Placer.Ai
- Along Blowing Rock Blvd | Dense Retail Corridor | Strong National/Credit Tenant Presence | Excellent Visibility
- NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area
Executive Summary
• Over 11 years remaining with 1 (5-year) option to extend
• The lease features $0.50/SF increases every five years and at the beginning of the option, growing NOI and hedging against inflation
• Store is undergoing a “paint & powder” refresh
• 91st Percentile within a 50-mile radius (#5 of 45 stores) and 78th percentile in North Carolina (#70 of 328 stores) - (Placer.AI)
Property Facts
Amenities
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Retailer
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99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Dollar Tree began in 1986 as Only $1.00, building on earlier variety-store and toy-retail roots in Virginia. The company later adopted the Dollar Tree name and grew into a value retailer focused on everyday essentials, seasonal merchandise, and discovery-oriented shopping. Current offerings include housewares, cleaning supplies, candy, snacks, food, health and beauty products, toys, gifts, stationery, craft and party supplies, books, and seasonal décor. The business also sells through its digital channels, including case-pack ordering, store pickup, home delivery, and same-day local delivery from participating store locations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-48-1-17B | Improvements Assessment | $890,334 CAD |
| Land Assessment | $1,059,155 CAD | Total Assessment | $1,949,488 CAD |
Property Taxes
Presented by
Dollar Tree | New Extension | 11+yrs Remain | 705 Blowing Rock Blvd
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