This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

19 Waddell st

10,500 SF Retail Building Ansonville, NC 28007 $1,503,439 ($143/SF) 7.85% Cap Rate

Investment Highlights

  • Family Dollar Tree Combo stores have proven 20% higher sales volume than non co-branded stores
  • Dollar Tree boasts an investment-grade credit rating of BBB-
  • Dollar Tree acquired Family Dollar in 2015 and is now considered to be the second-largest discount retailer in the United States with more than 16,000
  • Dollar Tree has thrived through the COVID pandemic and witnessed a sharp increase in same-store sales and profitability

Executive Summary

2023 built-to-suit construction for Family Dollar Tree, 10-Year NN+ lease w/ limited landlord responsibilities, Strategically located adjacent to Ansonville Elementary School, Five, 5-year options with rent increases of $5,250 ($.50 PSF), Extremely strong corporately guaranteed lease,
Located ±50 miles east of Charlotte.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,500 SF
Building Class
C
Year Built
2023
Price
$1,503,439
Price Per SF
$143
Cap Rate
7.85%
NOI
$118,020
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Land Acres
1.62 AC
Zoning
Commercial - Commercial
Parking
42 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
231 FT on Waddell Street

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6469-16-84-7487-00
Land Assessment
$16,600
Improvements Assessment
$0
Total Assessment
$16,600
  • Listing ID: 33536792

  • Date on Market: 10/16/2024

  • Last Updated:

  • Address: 19 Waddell st, Ansonville, NC 28007

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}