Dollar Tree | 1876 E Blackstock Rd
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Dollar Tree 1876 E Blackstock Rd
16,750 SF Retail Building Roebuck, SC 29376 $1,729,032 ($103/SF) 7.75% Cap Rate
Investment Highlights
- CAP rate: 7.75%
Executive Summary
Less than 5 miles from Hwy 29 (main retail corridor in Spartanburg)
New parking lot (2024); 45 Parking spaces
±1,079 New homes under development within 2 miles of the site
Low cost per square foot sale price - well below replacement cost
Investment grade “BBB” credit rating (Standard & Poor’s)
Dollar Tree has in excess of 15,000 locations in 48 states
Dollar Tree is a Fortune 150 company
Publicly traded company on the NASDAQ under ticker symbol “DLTR”
Annual company revenue in excess of $30.6 Billion
3-Mile population exceeds 24,700 people
New parking lot (2024); 45 Parking spaces
±1,079 New homes under development within 2 miles of the site
Low cost per square foot sale price - well below replacement cost
Investment grade “BBB” credit rating (Standard & Poor’s)
Dollar Tree has in excess of 15,000 locations in 48 states
Dollar Tree is a Fortune 150 company
Publicly traded company on the NASDAQ under ticker symbol “DLTR”
Annual company revenue in excess of $30.6 Billion
3-Mile population exceeds 24,700 people
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,750 SF
Building Class
B
Year Built/Renovated
2008/2024
Price
$1,729,032
Price Per SF
$103
Cap Rate
7.75%
NOI
$134,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.96
Land Acres
0.40 AC
Zoning
C - Commercial
Parking
52 Spaces (3.1 Spaces per 1,000 SF Leased)
Frontage
156 FT on Blackstock
Amenities
- Security System
- Signage
- Tenant Controlled HVAC
PROPERTY TAXES
| Parcel Number | 6-29-00-045.07 | Improvements Assessment | $24,240 |
| Land Assessment | $16,500 | Total Assessment | $40,740 |
PROPERTY TAXES
Parcel Number
6-29-00-045.07
Land Assessment
$16,500
Improvements Assessment
$24,240
Total Assessment
$40,740
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Bill Sims -
Will Freeman -
NAI Earle Furman LLC
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Dollar Tree | 1876 E Blackstock Rd
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