135 Dale Earnhardt Blvd | Kannapolis, NC 28081
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This Retail Property is no longer advertised on LoopNet.com.
135 Dale Earnhardt Blvd
Kannapolis, NC 28081
Dollar Tree · Retail Property For Sale
Investment Highlights
- 12-years of firm term remain; one five-year option thereafter
- Dollar Tree has signed a 10-year NN lease to commence at the expiration of the sublease with one five-year option thereafter
- Large 2.08-acre parcel improved by 13,813 square foot recently retrofitted Dollar Tree with drive-thru
- Two-years remain on the absolute NNN sublease with Walgreens at $316,196 annually (8.55% CAP year one and two at list price)
- 10% rental increases every five-year throughout the primary term and option period (of Dollar Tree’s lease)
- $100M+ in massive revitalization project in City Center, directly next door to the subject property
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,840 SF
Building Class
C
Year Built/Renovated
2003/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
2.08 AC
Zoning
CC
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
- Air Conditioning
PROPERTY TAXES
Parcel Number | 5614-41-8029-0000 | Improvements Assessment | $1,484,150 |
Land Assessment | $1,463,260 | Total Assessment | $2,947,410 |
PROPERTY TAXES
Parcel Number
5614-41-8029-0000
Land Assessment
$1,463,260
Improvements Assessment
$1,484,150
Total Assessment
$2,947,410
Learn More About Investing in Retail Properties
Listing ID: 24521657
Date on Market: 11/19/2021
Last Updated:
Address: 135 Dale Earnhardt Blvd, Kannapolis, NC 28081
The Retail Property at 135 Dale Earnhardt Blvd, Kannapolis, NC 28081 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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