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108 E Main St, Thomasville, NC, 27360

Dollar Tree
$1,074,672

Key Information

Cap Rate
8.25%
Year Built
R2020
Type
Retail
NOI
$88,660
Leasable Area
10,098

Highlights

  • 2020 retrofit for Dollar Tree
  • Dollar Tree acquires Family Dollar in 2015 and they are considered to be the second largest discount retailer in the United States with more than 16,000 locations
  • ±5 Years remaining on an initial 10-Year lease
  • Located in downtown Thomasville, NC, within Davidson County and the greater Piedmont Triad region, providing access to the Greensboro–High Point–Winston-Salem metropolitan area and a diverse regional economic base.
  • Corporately guaranteed lease
  • Investment Grade Credit Tenant – S&P Rated BBB
  • Five, 5-Year renewal options all of which include a $.50/SF rent increase
  • 5-Mile population of 54,443 residents

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # C38369 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203