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

$1,625,000 USD

Supermarket For Sale  •  10,532 SF

Property Details

• Property Type Supermarket
• Total Building Size 10,532 SF
• Lot Size 1.65 AC
• Year Built 2023
• Cap Rate 7.58 %
• Tenancy Single

0 Transit Score

34 Walk Score

Highlights

The property was built in 2023 with the newest prototype for the tenant

Newly signed long-term lease with multiple renewal options

Family Dollar Dollar Tree is a corporately backed tenant by Dollar Tree, Inc., a Fortune 200 company with annual revenues exceeding $30 billion

Limited landlord responsibilities due to a net lease structure. The tenant is responsible for property maintenance, insurance, and taxes

Princeton is located within close proximity to Raleigh and other fast-growing areas of North Carolina

The Princeton, NC demographics are perfectly suited for the Family Dollar Dollar Tree concept

Cap Rate:

7.58 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Family Dollar	10,532 SF	8/31/2033

Public Transportation

Commuter Rail	Drive	Walk	Distance
Selma (Carolinian - Amtrak, Palmetto - Amtrak)	13 min	-	8.1 mi