9060 Hillsville Rd Trinity, NC 27370

This exceptional investment opportunity presents a 10,500-square-foot retail property in Trinity, NC, boasting a strong 8.00% cap rate. The property is situated on a 1.81-acre lot and features a brand-new, 2024 built-to-suit construction for Family Dollar, a subsidiary of Dollar Tree, a major discount retailer with an investment-grade credit rating. The property benefits from a 10-year Net Net Net (NNN) lease with limited landlord responsibilities, commencing July 31, 2024, and expiring August 30, 2034. The lease includes five, five-year options with rent increases of $5,250 (or $0.50 per square foot). The tenant, Family Dollar, is backed by a corporate guarantee, ensuring financial stability. The property enjoys 100% occupancy and a strong Net Operating Income (NOI) of $137,655. The location is strategically positioned within a thriving market, serving a population of approximately 26,287 residents within a five-mile radius and approximately 154,007 residents within a ten-mile radius. This presents a compelling investment opportunity with significant long-term potential. The property is located at 9060 Hillsville Rd, Trinity, NC 27370.