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Discount Retail Store with Long Lease
For Sale
$1,074,672

108 E Main St, Thomasville, NC 27360

2020 retrofit Dollar Tree with a corporately guaranteed lease and about 15 years remaining on the initial 10-year term.

Property SizeContact for details
Days on Market49

Property Features for 108 E Main St

General Information

Standard status Active
Property subtype Commercial
Net Operating Income $88,660

Building Details

Year Renovated 2020
Listing Agency: Matthews Real Estate Investment Services, Inc
Listed By: Josh Bishop · License #688810 (TX)
Source: Matthews
Added: Jul 3 Changed: Aug 14 Last Checked: Aug 20 at 4:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews Real Estate Investment Services, Inc

Investment Insights

Based on property information with market context.

This retail store has undergone a 2020 retrofit and is occupied by Dollar Tree. The property is offered for sale with approximately 15 years remaining on an initial 10-year lease term, supported by a corporately guaranteed, investment-grade credit tenant (S&P rated BBB). The lease also includes five, 5-year renewal options, each with a $.50/SF rent increase.

The asset is located at 108 E Main St in downtown Thomasville, North Carolina, within Davidson County in the greater Piedmont Triad region. It provides access to the Greensboro–High Point–Winston-Salem metropolitan area and sits within a broader regional economic base.

Demographic context provided with the offering indicates a 5-mile population of 54,443 residents.

Key Highlights

  • Dollar Tree retail property with a corporately guaranteed lease and Investment Grade tenant (S&P rated BBB).
  • 2020 retrofit for Dollar Tree.
  • About 15 years remaining on the initial 10‑year lease.

Property Analytics

Current Use

Dollar Tree Discount Store

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service Cafe & Coffee Shop Parking Lot & Garage Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

654
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 58% Dining 42%
Dollar Tree Shops & Services
5,862 visits/mo 0.1 miles
Elizabeth's Pizza Dining
4,174 visits/mo 0.3 miles

Demographics for 27360, NC

47,165
Population
20,987
Households
2.2
Avg Household Size
41
Median Age
17%
College-Educated
85%
High-School Grad
88.5 sq mi
ZIP Area
533
Density / Sq Mi
$60,898
Median Household Income
$40,029
Median Earnings
$853
Median Rent
$174,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - 2020 retrofit Dollar Tree with a corporately guaranteed lease and about 15 years remaining on the initial 10-year term.
Where is this retail space located?
The property is located at 108 E Main St Thomasville, NC.
What is the asking price?
The asking price for this property is $1,074,672.
What are key features of this property?
This property features: Dollar Tree retail property with a corporately guaranteed lease and Investment Grade tenant (S&P rated BBB).; 2020 retrofit for Dollar Tree.; About 15 years remaining on the initial 10‑year lease.
More about this property
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