500 Pisgah Church RdGreensboro, NC 27455

This exceptional investment opportunity presents a 10,721 square foot Dollar Tree store located at 500 Pisgah Church Rd, Greensboro, NC 27455. The property boasts a strong 6.68% cap rate and a substantial net operating income (NOI) of $146,880. Situated on a 1.22-acre lot with 52 parking spaces, this single-tenant, net-lease property benefits from a corporate lease with Dollar Tree Stores, Inc., a national retailer with over 16,000 locations. The lease commenced May 3, 2022, and expires May 31, 2029, with a single, 5-year renewal option including a 7-3% rent bump. Built in 1996 and renovated in 2022, the property enjoys a prime location at a signalized intersection with high visibility and traffic volume (45,000 vehicles per day combined). The surrounding area features a dense retail corridor with over 1.2 million square feet of retail space within a two-mile radius, including major retailers such as Walmart, Harris Teeter, and Trader Joe's. The area also benefits from a strong population base (161,278 residents within a 5-mile radius) and high average household income ($104,909 within a 3-mile radius). Proximity to major healthcare facilities (Cone Health Cone Moses Hospital), educational institutions (University of North Carolina Greensboro, Page High School), and Piedmont Triad International Airport further enhances the property's desirability. This is a rare opportunity to acquire a high-performing, investment-grade retail asset with a long-term lease and significant upside potential. The asking price is $2,200,000.