2301 Lincolnton Hwy - Freestanding FOR SALE


Cherryville, NC 28021
$2,270,000 USD
760-930-7931
2301 Lincolnton Hwy, Cherryville, NC for Sale
$2,270,000 USD
Freestanding - FOR SALE
1/4
null | 7.1% Cap Rate

2301 Lincolnton Hwy
Cherryville, NC 28021


HIGHLIGHTS

  • 10-Year Lease with Rent Increases in Renewal Options - limited landlord responsibilities with roof warranty
  • Excellent Access and Visibility to 14,542 VPD – along Lincolnton Highway
  • Adjacent to Walmart Supercenter – with 37,253 residents in primary trade area
  • Brand New 2024 Construction – latest prototype and design
  • Investment Grade Credit Rated Tenant – rated ‘BBB’ by S&P (NASDAQ: DLTR)

FOR SALE DETAILS

PRICE

$2,270,000 USD

PRICE/SF

$230 USD /SF

CAP RATE

7.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brand New Dollar Tree | 10-Yr. Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,598 SF

ZONING

B-3

APN/PARCEL ID

312590

ASK ABOUT THIS PROPERTY

Thomas LadtColliersMore Info
760-930-7931

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Thomas LadtColliersMore Info
760-930-7931

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.