List Search

467 NC Highway 58 N
Trenton, NC 28585

$858,833 USD

Freestanding For Sale  •  8,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 8,000 SF
  • Lot Size 0.86 AC
  • Building Class B
  • Year Built 2008
  • Tenancy Single
  • Zoning C14
20 Walk Score

Highlights

Offered at $858,833, reflecting a 9.00% capitalization rate
±6.25 Years of Term Remaining on the current lease, with four (4) additional five-year renewal options
Attractive Rental Escalations: A 15.25% rent increase at the first option period, followed by 10% increases at each subsequent renewal
Established Tenancy Since 2008: Family Dollar has operated at this location for over 15 years and has exercised two lease extensions
Corporate Guarantee: Lease is backed by Family Dollar, a subsidiary of Dollar Tree, Inc. (NASDAQ: DLTR), providing credit-backed income security
±8,000 SF Freestanding Building on a ±0.86-acre parcel featuring a concrete lot and approximately 29 surface parking spaces

Public Transportation

AirportDriveWalkDistance
Albert J Ellis 56 min - 26.1 mi
Coastal Carolina Regional 42 min - 28.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Edward Desimone 732-832-5414 Matthews Real Estate Investment Services
Edward Desimone 732-832-5414 Matthews Real Estate Investment Services