Dollar Tree

135 Dale Earnhardt Boulevard, Kannapolis, North Carolina 28081

  • Size: 13,813 SF
  • Status: Closed
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

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