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22958427
22958428

106 Dr M L King Jr Dr, Maxton, NC 28364

JP
CA CA 02090490
SRS Real Estate Partners Newport Beach
PL
CA 01912215, NV S.0169792 (+1)
SRS Real Estate Partners Newport Beach
MM
CA 01732226
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners Newport Beach
$1,600,000
413 days on market
Updated 12 days ago

Dollar Tree

Details
APN 330602038
Property Type Retail
Sub Type Storefront
Square Footage 9,804
Cap Rate 7.97%
NOI $127,452
Tenancy Single
Brand/Tenant Dollar Tree
Lease Type NN
Lease Term 10
Lease Expiration 06/30/2035
Remaining Term 9.1
Lease Options 3 (5-Year)
Year Built 2005
Acreage 2.050
Zoning CBD
Parking Spaces 60 spaces
Parking Per SqFt 6.12
Tenant Credit Credit Rated
Lease Commencement 07/01/2025
Ground Lease No
Ownership Fee Simple (Land & Building)

Retail | 7.97% CAP | 9,804 SqFt

Investment highlights

  • Brand New 10-Year Lease | Options To Extend

  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities

  • Across From Piggly Wiggly | Primary Retail Corridor |Strong National/Credit Tenant Presence

  • Strong Demographics In 5-Mile Trade Area

Listing Contacts

JP
CA CA 02090490
SRS Real Estate Partners Newport Beach
PL
CA 01912215, NV S.0169792 (+1)
SRS Real Estate Partners Newport Beach
MM
CA 01732226
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners Newport Beach

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$127,452.00
$10,621.00/mo

Valuation Metrics

0
DSCR
7.97%
Cap Rate
7.97%
ROI

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Additional Information

Name
Patrick Nutt
License
NC License No. 281618
Brokerage
SRS Real Estate Partners-SoFlo LLC
Title
Broker of Record
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