505 Dr Donnie H Jones Jr W Blvd - Retail FOR SALE


Princeton, NC 27569
$1,589,225 USD
215-603-6914
505 Dr Donnie H Jones Jr W Blvd, Princeton, NC for Sale
$1,589,225 USD
Retail - FOR SALE
1/6
null | 7.75% Cap Rate

505 Dr Donnie H Jones Jr W Blvd
Princeton, NC 27569


HIGHLIGHTS

  • The property was built in 2023 with the newest prototype for the tenant
  • Newly signed long-term lease with multiple renewal options
  • Family Dollar Dollar Tree is a corporately backed tenant by Dollar Tree, Inc., a Fortune 200 company with annual revenues exceeding $30 billion
  • Limited landlord responsibilities due to a net lease structure. The tenant is responsible for property maintenance, insurance, and taxes
  • Princeton is located within close proximity to Raleigh and other fast-growing areas of North Carolina
  • The Princeton, NC demographics are perfectly suited for the Family Dollar Dollar Tree concept

OVERVIEW

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this Family Dollar Dollar Tree located in Princeton, NC. The property is a corporately backed tenant of Dollar Tree, Inc., a Fortune 200 company with annual revenues exceeding $30 billion, ensuring financial stability and reliable rental income. It benefits from a newly signed long-term lease with multiple renewal options, providing consistent and predictable income over time. As a passive investment opportunity, the net lease structure limits landlord responsibilities, with the tenant responsible for property maintenance, insurance, and taxes, minimizing expenses for the owner.

FOR SALE DETAILS

PRICE

$1,589,225 USD

PRICE/SF

$151 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree / Family Dollar

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.65 AC

LAND SF

71,874 SF

ZONING

C

APN/PARCEL ID

04P10097C

ASK ABOUT THIS PROPERTY

Matthew GormanCBRE, Inc.More Info
215-603-6914

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Matthew GormanCBRE, Inc.More Info
215-603-6914

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