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108 E Main St
Thomasville, NC 27360 Downtown Thomasville

$1,266,578 USD

Freestanding For Sale  •  11,243 SF

Property Details

• Property Type Freestanding
• Total Building Size 11,243 SF
• Lot Size 1.66 AC
• Building Class B
• Year Built 1956
• Cap Rate 7.00 %
• Tenancy Single
• Zoning C4

0 Transit Score

71 Walk Score

Highlights

2020 retrofit for Dollar Tree

Dollar Tree acquires Family Dollar in 2015 and they are considered to be the second largest discount retailer in the United States

±5.25 Years remaining on an initial 10-Year lease

Family Dollar is one of the few retailers that thrived through the COVID pandemic and witnessed a sharp increase in samestore sales / profitability

Corporately guaranteed lease

Investment Grade Credit Tenant – S&P Rated BBB

Cap Rate:

7.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Dollar Tree		12/4/2030

Amenities

• Dedicated Turn Lane
• Pylon Sign
• Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
High Point Station (Piedmont - North Carolina by Train (NC Train))	15 min	-	8.6 mi
Airport	Drive	Walk	Distance
Piedmont Triad International	38 min	-	20.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	68
Type:	Surface
Included in Rent:	Yes