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Dollar General 2217 Lancaster Ave

9,100 SF Retail Building Monroe, NC 28112 $1,318,455 ($145/SF) 7.25% Cap Rate

Retail Buildings North Carolina Monroe 2217 Lancaster Ave, Monroe, NC 28112

Investment Highlights

  • 15-Year Dollar General Absolute NNN Lease With 7 Years Remaining in Current Term
  • Located in a Dense Retail Corridor With Various Big Box Tenants, Apartments, and Schools Within 2 Miles Creating Additional Customer Traffic
  • 29 Miles Away From Downtown Charlotte, the Most Populous City in the U.S. State of North Carolina
  • Strong 5-Mile Demographics of 41,000+ Residents
  • Robust Traffic Counts on Lancaster Avenue Generating 11,500 VPD in Front of Subject Property

Executive Summary

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General in Monroe, NC. This property has 7 years remaining in current term. It is 29 miles away from Downtown Charlotte.
In cooperation with Brian Brockman at Bang Realty-North Carolina Inc | NC #298998 | bor@bangrealty.com | (513) 898-1551

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2016
Price
$1,318,455
Price Per SF
$145
Cap Rate
7.25%
NOI
$95,588
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Land Acres
1.25 AC
Zoning
Commercial

Links

1 of 1

PROPERTY TAXES

Parcel Number 09-327-001-R Improvements Assessment $193,000
Land Assessment $227,800 Total Assessment $420,800

PROPERTY TAXES

Parcel Number
09-327-001-R
Land Assessment
$227,800
Improvements Assessment
$193,000
Total Assessment
$420,800
(817) 584-2000

  • Listing ID: 33236667

  • Date on Market: 9/19/2024

  • Last Updated:

  • Address: 2217 Lancaster Ave, Monroe, NC 28112

More public record information on 2217 Lancaster Ave, Monroe, NC 28112

The Retail Property at 2217 Lancaster Ave, Monroe, NC 28112 is currently available For Sale. Contact Trinity Real Estate Investment Services, LLC for more information.

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Dollar General | 2217 Lancaster Ave
(817) 584-2000 x

Dollar General | 2217 Lancaster Ave

1/4

Cody Crist

(817) 584-2000

(817) 584-2000

Eric Kelley

(817) 328-5223

(817) 328-5223

Chance Hales

(806) 679-9776

(806) 679-9776

Branson Blackburn

(682) 233-5223

(682) 233-5223

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