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Grocery and Convenience Store
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Pending

17895 Glenn St, Denton, NC 27239

A 10,500-square-foot retail property leased under a corporately guaranteed double-net agreement with limited landlord responsibilities.

Property Size10,500 SF
Days on Market142

Property Features for 17895 Glenn St

General Information

Standard status Pending
Size 10,500 SF
Property subtype Retail
Net Operating Income $149,625

Additional Details

Cap Rate 8%
Traffic Count 8,800 vehicles/day

Building Details

Tenancy Single
Listing Agency: Fortis Net Lease
Listed By: Patrick Hammond · License #MI 6501373051
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Apr 12 at 4:29PM

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 Fortis Net Lease

Investment Insights

Based on property information with market context.

This 10,500-square-foot Family Dollar Tree combination store is located in Denton, North Carolina, and operates under a double-net lease. The agreement runs for ten years and includes four five-year renewal options, providing a defined lease term and extension structure. Family Dollar Corporation provides the corporate guarantee and carries a BBB credit rating, identified in the source information as investment grade.

The property fronts Glenn Street, Denton’s main thoroughfare, which records more than 8,800 vehicles per day. The surrounding ten-mile area includes a population exceeding 27,200, with reported household income of $68,690. The property is presented as a net-lease retail asset with an 8.0% cap rate.

Key Highlights

  • 10,500 SF Family Dollar Tree combination store
  • Ten‑year double‑net lease with limited landlord responsibilities
  • Four, five year options to renew

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick HVAC Service Auto Repair Shop Big Box & Wholesale Store

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

Lease Details

8,800 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby
Well-served
Demand for This Use

Demographics for 27239, NC

8,839
Population
3,920
Households
2.3
Avg Household Size
47
Median Age
19%
College-Educated
85%
High-School Grad
155.5 sq mi
ZIP Area
57
Density / Sq Mi
$61,098
Median Household Income
$35,556
Median Earnings
$824
Median Rent
$175,400
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?
Grocery and convenience store - A 10,500-square-foot retail property leased under a corporately guaranteed double-net agreement with limited landlord responsibilities.
Where is this grocery and convenience store located?
The property is located at 17895 Glenn St Denton, NC.
What are key features of this property?
This property features: 10,500 SF Family Dollar Tree combination store; Ten‑year double‑net lease with limited landlord responsibilities; Four, five year options to renew
More about this property
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