04/26/2024
NET LEASE INVESTMENT OPPORTUNITY: FAMILY DOLLAR + DOLLAR TREE COMBO STORE! Introducing a prime investment opportunity at 2601 W Stage Coach Trail, Shelby, North Carolina! This newly built 10,500 SF property with a 1.25-acre lot offers a solid investment with an annual NOI of $120,225 and a cap rate of 6.4%. The location is strategically positioned in an underserved community between the major cities of Charlotte and Asheville. The property features an essential business setup with a strong tenant—a recession-proof store with an investment-grade credit rating. Benefit from a 10+ year initial lease term, six 5-year renewal options, and corporate guaranty by Family Dollar Stores, Inc. Don't miss out on this fantastic opportunity to secure a reliable income stream in a high-demand area!
Retail property for sale at 2601 W Stage Coach Trail, Shelby, NC 28150. Visit Crexi.com to read property details & contact the listing broker.
