2606 Carolina Beach Rd Wilmington, NC 28412

This exceptional investment opportunity presents a fee-simple owned, 14,238 square foot Dollar Tree located in Wilmington, North Carolina. Boasting a strong 8.56% cap rate and a substantial NOI of $342,537, this property offers a compelling return on investment. The absolute NNN lease, featuring a corporate guarantee from Dollar Tree, ensures minimal landlord responsibilities. With over 1.6 years remaining on the initial lease term and four 5-year options with 2% rent bumps at the beginning of each, this investment provides both immediate income and long-term growth potential. The property sits on a 2.6-acre lot and was built in 2006. Its prime location at a signalized intersection of US Hwy 117 and Carolina Beach Rd (65,100 VPD) ensures high visibility and accessibility. The surrounding area features a dense retail corridor with numerous national tenants and benefits from proximity to Legion Stadium and Novant Health New Hanover Regional Medical Center, driving significant consumer traffic. The strong demographics of the 5-mile trade area, with over 127,000 residents and 69,000 employees, further solidify this investment's potential. The property's APN is R06018-009-001-000. This is a truly passive investment opportunity with significant upside.