9060 Hillsville RdTrinity, NC 27370
- Retail properties
- 10,500 SF
Property Details for 9060 Hillsville Rd
- Year built
- 2024
- Lot size
- 1.81 AC
- Property size (Sq ft)
- 10,500 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
This exceptional investment opportunity presents a 10,500-square-foot retail property in Trinity, NC, boasting a strong 8.00% cap rate. The property is situated on a 1.81-acre lot and features a brand-new, 2024 built-to-suit construction for Family Dollar, a subsidiary of Dollar Tree, a major discount retailer with an investment-grade credit rating. The property benefits from a 10-year Net Net Net (NNN) lease with limited landlord responsibilities, commencing July 31, 2024, and expiring August 30, 2034. The lease includes five, five-year options with rent increases of $5,250 (or $0.50 per square foot). The tenant, Family Dollar, is backed by a corporate guarantee, ensuring financial stability. The property enjoys 100% occupancy and a strong Net Operating Income (NOI) of $137,655. The location is strategically positioned within a thriving market, serving a population of approximately 26,287 residents within a five-mile radius and approximately 154,007 residents within a ten-mile radius. This presents a compelling investment opportunity with significant long-term potential. The property is located at 9060 Hillsville Rd, Trinity, NC 27370.
Location Insight
- City
- Trinity
- County
- Randolph
- State
- North Carolina
- Latitude
- 35.8437
- Longitude
- -79.9385
Comparable in this City
Similar Nearby for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].