1310 S Main St - Freestanding FOR SALE


Graham, NC 27253
$2,071,000 USD
404-876-1640
1310 S Main St, Graham, NC for Sale
$2,071,000 USD
Freestanding - FOR SALE
1/7
null | 6.9% Cap Rate

1310 S Main St
Graham, NC 27253


HIGHLIGHTS

  • Ten year NN+ lease with 4 five year options and limited landlord responsibilities
  • New construction Dollar Tree opened in June 2024
  • Superior location with traffic counts of over 16,500 VPD and a five-mile population of almost 17,000
  • Strategic location in Burlington, NC MSA close to Interstate 40/85 and midway between Greensboro and Raleigh/Durham
  • Dollar Tree has proven success and is a strong corporate guarantor at a strong 6.9% cap rate
  • Bull Realty North Carolina License #: C17910

OVERVIEW

This new construction Dollar Tree, which opened in June 2024, is located in Graham, NC, the county seat of Alamance County, part of the Burlington, NC MSA. The ± 10,500 SF building is on South Main Street with traffic counts of 16,500+ VPD. The 10-year NN+ lease has minimal landlord responsibilities and features four 5-year renewal options with rent increases in each option period. The Tenant fully reimburses the Landlord for property taxes and property insurance and is responsible for the interior, all utilities, HVAC maintenance and routine maintenance of the parking lot and landscaping, including snow removal. Landlord responsibilities are limited to roof, structure, fire sprinkler system, capital expenses for parking lot, and landscaping. Graham is located just over a mile south of Interstate 40/85 and is nearly midway between Greensboro and Raleigh/Durham, NC – about 30 minutes to each location. This densely populated area has a population of over 16,800+ within 5 miles with an average household income of $76,704. Graham has a robust retail trade area which includes Dollar General, Food Lion, O’Reilly Auto Parts, Sheetz, Wendy’s, Arby’s Bojangles’, and Popeye’s. Nearby, in the Burlington MSA, are prestigious Elon University and the worldwide headquarters of LabCorp. Dollar Tree, based in Chesapeake, VA operates over 16,300 retail stores under the Dollar Tree, Family Dollar, and Family Dollar/Dollar Tree brands in 48 states and Canada.

FOR SALE DETAILS

PRICE

$2,071,000 USD

PRICE/SF

$197 USD /SF

CAP RATE

6.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree Net Lease Investment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael BullBull Realty Inc.More Info
404-876-1640

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Michael BullBull Realty Inc.More Info
404-876-1640

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.