FAMILY INVESTMENTS REALTY
Listed by FAMILY INVESTMENTS REALTY
$5,650,000
Dollar Tree Raleigh NC Metro Area
Details
Property Type Retail
Sub Type Grocery Store, Convenience Store
Square Footage 14,820
Cap Rate 4.83%
NOI $300,000
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar Tree
Lease Type Absolute NNN
Remaining Term 10
Broker Co-Op Yes
Year Built 2010
Acreage 2.000
Raleigh NC Metro Area Dollar Tree occupied property for sale
Marketing description
Get in on the Raleigh NC MSA action! Dollar Tree occupied retail building for sale located on 766 W. Raleigh Boulevard in Rocky Mount.
Absolute NNN lease—just collect rent, no paying taxes and insurance. Under 10 years remaining on the initial lease. Traffic Count is about 11,500 cars per day.
Dollar Tree is the sublessee to Walgreens.
A suburb of Raleigh, North Carolina, Rocky Mount is a bustling town with a major CSX rail hub and hosts other national employers such as Pfizer and Honeywell. Easy access to Interstate 95 and US Highway 64 connects this City to other major areas throughout the state. In cooperation with Insight Property Group.
Investment highlights
Absolute NNN lease Dollar Tree occupied
Listing Contacts
FAMILY INVESTMENTS REALTY
Listed by FAMILY INVESTMENTS REALTY
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$300,000.00
$25,000.00/mo
Valuation Metrics
0
DSCR
5.31%
Cap Rate
5.31%
ROI
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