2570 NC 8 & 89 Hwy S - Freestanding FOR SALE


Walnut Cove, NC 27052
$1,504,125 USD
214-692-2927
2570 NC 8 & 89 Hwy S, Walnut Cove, NC for Sale
$1,504,125 USD
Freestanding - FOR SALE
1/1
null | 8% Cap Rate

2570 NC 8 & 89 Hwy S
Walnut Cove, NC 27052


HIGHLIGHTS

  • Family Dollar Tree Combo stores have proven 20% higher sales volume than non co-branded stores
  • Dollar Tree acquired Family Dollar in 2015 and is now considered to be the second-largest discount retailer in the United States with more than 16,000
  • Dollar Tree boasts an investment-grade credit rating of BBB-
  • Dollar Tree has thrived through the COVID pandemic and witnessed a sharp increase in same-store sales and profitability

OVERVIEW

• 2022 Built-to-suit construction for Family Dollar Tree • 10-Year NN+ lease w/ limited landlord responsibilities • Five, 5-Year Options with rent increases of $5,250 ($.50 PSF) • Extremely strong corporately guaranteed lease • Located ±25 miles north of Winston-Salem, NC.

FOR SALE DETAILS

PRICE

$1,504,125 USD

PRICE/SF

$150 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

H-B

APN/PARCEL ID

695501157329

ASK ABOUT THIS PROPERTY

Scotty LatimerMatthews Real Estate Investment ServicesMore Info
214-692-2927

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Scotty LatimerMatthews Real Estate Investment ServicesMore Info
214-692-2927

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