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Family Dollar Convenience Store
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219 Lawrenceville Rd, Gaston, NC 27832

Operating retail store with an NN lease and corporate guaranty from Dollar Tree, Inc.

Property Size8,320 SF
Days on Market145

Property Features for 219 Lawrenceville Rd

General Information

Standard status Active
Size 8,320 SF
Property subtype Retail

Additional Details

Traffic Count 6,900 vehicles/day

Building Details

Buildings 1
Tenancy Single
Listing Agency: Fortis Net Lease
Listed By: Ben Schultz · License #MI 6501381226
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 3:30PM

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 8,320-square-foot Family Dollar store in Gaston, North Carolina, is operating under an NN lease, with rent commencing on 7/1/2018. The lease provides for 5% rent increases during each of six five-year option periods, while Dollar Tree, Inc. serves as the corporate guarantor. Dollar Tree carries a BBB- credit rating, identified in the property information as investment grade.

The store is positioned on Lawrenceville Road with reported traffic exceeding 6,900 vehicles per day. The property is near Lake Gaston, and the surrounding five-mile population exceeds 22,500. Average household income within two miles is reported at more than $47,000 annually.

Key Highlights

  • 8,320 SF operating Family Dollar store
  • NN lease with 5% increases during each of six five‑year option periods
  • Corporate guaranty from Dollar Tree, Inc., rated BBB-

Property Analytics

Current Use

Family Dollar (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Big Box & Wholesale Store Electrical Service Hair Salon Grocery & Convenience 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

6,900 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby
32k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 50% Dining 50%
Hardee's Dining
10,697 visits/mo 0.0 miles
Shell Shops & Services
6,572 visits/mo 0.1 miles
SUBWAY Dining
5,260 visits/mo 0.1 miles
Dollar General Shops & Services
4,737 visits/mo 0.2 miles
Family Dollar Shops & Services
3,566 visits/mo 0.1 miles

Demographics for 27832, NC

2,630
Population
1,268
Households
2.1
Avg Household Size
50
Median Age
13%
College-Educated
84%
High-School Grad
33.4 sq mi
ZIP Area
79
Density / Sq Mi
$47,096
Median Household Income
$37,405
Median Earnings
$706
Median Rent
$87,500
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?
Grocery and convenience store - Operating retail store with an NN lease and corporate guaranty from Dollar Tree, Inc.
Where is this grocery and convenience store located?
The property is located at 219 Lawrenceville Rd Gaston, NC.
What are key features of this property?
This property features: 8,320 SF operating Family Dollar store; NN lease with 5% increases during each of six five‑year option periods; Corporate guaranty from Dollar Tree, Inc., rated BBB-
More about this property
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