Purchase Price | $2,010,000 |
---|---|
Annual Rental Income | $137,340 |
Cap Rate | 6.83% |
Lease Term | 10 Years |
City | Roanoke Rapids |
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Dollar Tree – Roanoke Rapids, NC
This property is leased to Dollar Tree, a major national hard‑value retailer operating thousands of stores across the United States. Dollar Tree is renowned for its fixed‑price format, offering a vast selection of daily-use products at an affordable price point, which fuels high customer traffic and repeat patronage.
In Roanoke Rapids, Dollar Tree serves a broad demographic—including families, retirees, students, and area workers—with a comprehensive assortment of nutritious frozen and refrigerated foods, shelf-stable groceries, household cleaners, health and beauty essentials, party and seasonal decor, crafts, toys, and pet supplies. This local presence supports essential needs in both everyday living and occasional celebration, making Dollar Tree a community staple.
Market Fit & Consumer Appeal
Operational and Tenant Strength
Investment Advantages
This location exemplifies Dollar Tree’s role as a go‑to retail destination for everyday necessities, supporting stable income streams and reinforcing tenant diversification in commercial real estate portfolios.