2601 Stage Coach Trl, Shelby, NC 28150

This exceptional investment opportunity presents a newly constructed 10,500 square foot Dollar Tree/Family Dollar combo store located at 2601 W Stage Coach Trail, Shelby, NC 28150. The property sits on a 1.25-acre lot and boasts a 100% occupancy rate since its opening on January 12, 2023. The current lease, a Net Lease (NN) with a corporate guarantee from Family Dollar Stores, Inc., has a remaining term of 8.2 years, extending to January 31, 2033, with six, five-year renewal options, each including rent bumps. The property generates a substantial Net Operating Income (NOI) of $120,018, resulting in a 7.00% capitalization rate. The asking price is $1,715,000, translating to a price per square foot of $163.33. This investment is structured for a 1031 exchange. The property benefits from its strategic location in a thriving community, drawing from a large trade area encompassing major cities such as Charlotte, Asheville, and Greenville/Spartanburg. The high traffic counts on W Stage Coach Trail and Polkville Road, coupled with the potential for continued demographic and income growth in the area, make this a compelling investment prospect. The recession-resistant nature of the essential retail businesses further enhances its long-term stability and profitability.