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Dollar Tree 129 N Main St

1,796 SF Retail Building Broadway, NC 27505 £1,598,589 (£890/SF) 7.20% Net Initial Yield

Investment Highlights

  • Robust average household income of $93,524 within a 5 mile radius of the subject property, proving an affluent surrounding community to support the st
  • Five, 5-year options with rent increases of $5,000 ($.50 PSF)
  • The subject property comes with a 20-year transferable roof warranty.
  • Extremely strong corporately guaranteed lease

Executive Summary

2024 built-to-suit Upgraded construction for Dollar Tree. 10-year NN+ lease with limited landlord responsibilities. 5 mile population of 14,437 residents. 10 mile population of 69,808 residents.

Attachments

Dollar-Tree-Broadway-NC-OM

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,796 SF
Building Class
C
Year Built
2023
Price
£1,598,589
Price Per SF
£890
Net Initial Yield
7.20%
NOI
£115,098
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Lot Size
0.48 AC
Zoning
C - Commercial
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Nearby Major Retailers

Piggly Wiggly
First Bank NC
Truist
(214) 692-2927

Contact

  • Listing ID: 33313358

  • Date on Market: 26/09/2024

  • Last Updated:

  • Address: 129 N Main St, Broadway, NC 27505

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© 2024 CoStar Group

Dollar Tree | 129 N Main St
(214) 692-2927 x

Dollar Tree | 129 N Main St

Scotty Latimer

(214) 692-2927

(214) 692-2927

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