Dollar Tree / Family Dollar | 505 Dr Donnie H Jones Jr W Blvd
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
thank you
Your email has been sent!
Dollar Tree / Family Dollar 505 Dr Donnie H Jones Jr W Blvd
10,532 SF Retail Building Princeton, NC 27569 $1,625,000 ($154/SF) 7.58% Cap Rate
Investment Highlights
- The property was built in 2023 with the newest prototype for the tenant
- Family Dollar Dollar Tree is a corporately backed tenant by Dollar Tree, Inc., a Fortune 200 company with annual revenues exceeding $30 billion
- Princeton is located within close proximity to Raleigh and other fast-growing areas of North Carolina
- Newly signed long-term lease with multiple renewal options
- Limited landlord responsibilities due to a net lease structure. The tenant is responsible for property maintenance, insurance, and taxes
- The Princeton, NC demographics are perfectly suited for the Family Dollar Dollar Tree concept
Executive Summary
CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this Family Dollar Dollar Tree located in Princeton, NC. The
property is a corporately backed tenant of Dollar Tree, Inc., a Fortune 200 company with annual revenues exceeding $30 billion, ensuring financial stability and reliable rental income. It benefits from a newly signed long-term lease with multiple renewal options, providing consistent and predictable income over time. As a passive investment opportunity, the net lease structure limits landlord responsibilities, with the tenant responsible for property maintenance, insurance, and taxes, minimizing expenses for the owner.
property is a corporately backed tenant of Dollar Tree, Inc., a Fortune 200 company with annual revenues exceeding $30 billion, ensuring financial stability and reliable rental income. It benefits from a newly signed long-term lease with multiple renewal options, providing consistent and predictable income over time. As a passive investment opportunity, the net lease structure limits landlord responsibilities, with the tenant responsible for property maintenance, insurance, and taxes, minimizing expenses for the owner.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,532 SF
Year Built
2023
Price
$1,625,000
Price Per SF
$154
Cap Rate
7.58%
NOI
$123,165
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.65 AC
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Family Dollar
- Retailer
- 10,532 SF
- -
- Double Net
- Aug 2033
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Family Dollar | Retailer | 10,532 SF | - | Double Net | Aug 2033 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 04P10097C | Improvements Assessment | $993,670 |
| Land Assessment | $124,800 | Total Assessment | $1,118,470 |
PROPERTY TAXES
Parcel Number
04P10097C
Land Assessment
$124,800
Improvements Assessment
$993,670
Total Assessment
$1,118,470
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Dollar Tree / Family Dollar | 505 Dr Donnie H Jones Jr W Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.