805 N Center St - Supermarket FOR SALE


Statesville, NC 28677
$2,800,000 USD
336-724-1715
805 N Center St, Statesville, NC for Sale
$2,800,000 USD
Supermarket - FOR SALE
1/12
null | 8.25% Cap Rate

805 N Center St
Statesville, NC 28677


HIGHLIGHTS

  • STATESVILLE, NC DOLLAR TREE CENTER

OVERVIEW

Dollar Tree-anchored shopping center located in Statesville, NC on busy 14,000 VPD road. Minutes to I-40 and 40 miles to Charlotte, NC. This center provides stable income with significant upside potential. 8.25% Cap Rate on actuals with ±37% upside in further stabilization. Many recent capital improvements (over $200,000 in 2024 alone) include recent roof repairs/replacement, facade and parking reseal/restripe. Dollar Tree lease through 8/30/2026. Minimal nearby competition make this a great balance between stable in-place NOI and value add.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$83 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

177

LAND DETAILS

LAND ACRES

3.3 AC

LAND SF

143,748 SF

ZONING

B2

APN/PARCEL ID

4735-60-2492.000

ASK ABOUT THIS PROPERTY

Nick Gonzalez, CCIMLinville Team PartnersMore Info
336-724-1715

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Nick Gonzalez, CCIMLinville Team PartnersMore Info
336-724-1715

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