Confidentiality Agreement

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Dollar Tree

2301 Lincolnton Hwy, Cherryville, NC, 28021
For Sale

Property Details

  • Price: $2,223,000
  • Property Type: Retail
  • Availability: Recently Sold
  • Transaction Type: For Sale
  • Cap Rate: 7.25%
  • Lot Size: 1.46 AC
  • Lease Type: NNN
  • Year Built: 2024
  • Tenancy: Single Tenant
  • Available SF: 9,882 SF

Property Description

SECURE INCOME STREAM

  • 10-Year Lease with Rent Increases in Renewal Options – limited landlord responsibilities with roof warranty
  • Brand New 2024 Construction – latest prototype and design
  • Investment Grade Credit Rated Tenant – rated ‘BBB’ by S&P (NASDAQ: DLTR
  • Dollar Tree Generated $30.6 Billion Revenue in 2023 – 8% increase over 2022 revenue ($28.33 billion)

PROXIMITY

  • 37,253 Residents in Primary Trade Area – $82,212 average household income
  • Excellent Access and Visibility to 14,542 VPD – along Lincolnton Highway
  • Adjacent to Walmart Supercenter – surrounded by national tenants including Scooter’s Coffee, Ace Hardware, Main St. Family Urgent Care and Murphy USA
  • Minutes to Carolina Lithium Project – a proposed project that would be one of the world’s only fully integrated lithium sites generating billions in economic impact and job creation
  • 7 Miles to Gaston College – over 1,400 students and 400 employees
  • Surrounded by Several K-12 Schools – 1,491 combined students

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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