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2023 Development NC DG Market 224 E Stage Coach Trl, Falls St,

12,687 SF Retail Building Lawndale, NC 28090 £1,958,826 (£154/SF) 6% Net Initial Yield

Investment Highlights

  • North Carolina DG "Market" - Rent to Commence May 2023
  • 15-Year Absolute NNN Lease Requiring Zero LL Responsibilities
  • 1 Hour From Charlotte, the Most Populous City in North Carolina With 879,000+ Residents
  • DG Market Concepts are Larger Footprints and Contain a Wider Selection of Meats, Dairy, and Fresh Produce
  • Healthy Demographics with More than 8,000 Residents Within a 5-Mile Radius
  • Ideally Positioned Across the Street From Burns High School (912 Students) Establishing a Strong Customer Base

Executive Summary

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General Market in Lawndale, NC. Rent is projected to commence in May of 2023.
Broker of Record - Brian Brockman - Bang Realty-North Carolina, Inc - NC #298998

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
12,687 SF
Year Built
2023
Price
£1,958,826
Price Per SF
£154
Net Initial Yield
6%
NOI
£117,529
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Lot Size
3.12 AC
Zoning
R15

Links

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PROPERTY TAXES

Parcel Number 35073 Improvements Assessment £381,990
Land Assessment £86,407 Total Assessment £468,397

PROPERTY TAXES

Parcel Number
35073
Land Assessment
£86,407
Improvements Assessment
£381,990
Total Assessment
£468,397
(682) 233-5223

Contacts

  • Listing ID: 28262940

  • Date on Market: 18/04/2023

  • Last Updated:

  • Address: 224 E Stage Coach Trl, Falls St,, Lawndale, NC 28090

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© 2024 CoStar Group

2023 Development NC DG Market | 224 E Stage Coach Trl, Falls St,
(682) 233-5223 x

2023 Development NC DG Market | 224 E Stage Coach Trl, Falls St,

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Branson Blackburn

(682) 233-5223

(682) 233-5223

Chance Hales

(806) 679-9776

(806) 679-9776

Cody Crist

(817) 584-2000

(817) 584-2000

Eric Kelley

(817) 328-5223

(817) 328-5223

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