Offered for sale is a net leased Dollar Tree addressed 135 Dale Earnhardt Boulevard, Kannapolis, North Carolina 28081. The property, a former Rite Aid (Walgreens backed absolute NNN lease), is subleased to Dollar Tree for the next two years; upon the expiration of the sublease, Dollar Tree has exercised a new 10-year NN lease with one five-year option. The property consists of a large 2.08-acre parcel improved by a 13,813 square foot (with drive-thru) retrofitted Dollar Tree; ideally positioned at the signalized intersection of Dale Earnhardt Boulevard and S Walnut Street. The offering is a rare opportunity to acquire a long-term corporately backed asset strategically located in a growth market.
Property Highlights
- Large 2.08-acre parcel improved by 13,813 SF recently retrofitted to Dollar Tree with drive-thru
- Tremendous visibility on Dale Earnhardt Boulevard – 17,500 VPD
- $100M+ in massive revitalization project in City Center, directly next door to the subject property
Resources
For More Information
- Danny Brooker
- 202.772.0530
- dbrooker@monumentretail.com
- Rich Sillery
- 202.777.2005
- rsillery@monumentretail.com