505 Dr Donnie H Jones Jr Blvd, Princeton, NC 27569

This exceptional investment opportunity presents a fee-simple ownership of a 10,532 square foot retail property in Princeton, North Carolina. The property is currently 100% occupied by a Dollar Tree/Family Dollar, a dual-branded store operating under a corporate guarantee from a Fortune 200 company. The Net Lease (NN) structure minimizes landlord responsibilities, with the tenant responsible for property maintenance, insurance, and taxes. The lease commenced July 10, 2023, and has a remaining term of 8.8 years, with six five-year renewal options. The property boasts a 7.60% cap rate and a strong NOI of $123,165. Located at 505 Dr Donnie H Jones Jr Blvd W, Princeton, NC 27569, on a 1.65-acre lot, this single-story, Class A building was constructed in 2023. The property benefits from its strategic location near US-70, a major thoroughfare with over 30,000 vehicles per day, providing excellent visibility and accessibility. The surrounding area exhibits a growing population and average household income of $90,039 within a three-mile radius, supporting strong demand for value-oriented retail. Limited competition in the immediate area further enhances the property's long-term viability and potential for consistent rental income. The asking price is $1,625,000, translating to a price per square foot of $154.29. This presents a compelling investment opportunity with significant potential for long-term returns.