4423 South NC Hwy 150
Tyro, NC 27292 ·
16,214 SF · Retail For Sale
TYRO DOLLAR GENERAL, MOVIE GALLERY AND SHOPS
|Gross Leasable Area||16,214 SF||No. Stories||1|
|Property Sub-type||Strip Center||Year Built||2005|
|Property Use Type||Investment||Lot Size||2.05 AC|
|Cap Rate||8.70%||Parking Ratio||5.60 / 1,000 SF|
|Listing ID: 14986337||Date Created: 02/05/2007||Last Updated: 09/25/2008|
Dollar General has excellent sales and is on target to hit percentage rent. A 16,214sf five-tenant retail building completed in 2005, located on the main drag of this rural crossroads in Davidson County. The site is in close proximity to all of the town' s businesses and churches, as well as its three schools. Tyro is within commuting distance of all three cities of the Greensboro/Winston-Salem/High Point MSA (Pop. 1.3 million) which boasts an annual 2% population growth rate. A new Food Lion is under construction about ¼ mile from the property. This property is part of a portfolio with a sister project in Dallas, NC (68 miles SW) and can be purchased in conjunction or separately.
Tyro is within commuting distance of all three cities of the Greensboro/Winston-Salem/High Point MSA (Pop. 1.3 million) which boasts an annual 2% population growth rate. Food Lion under construction in close proximity.
- 100% Occupied with Stable Tenants
- Dollar General- 8,000+ stores
- Movie Gallery- 4700+ stores- 2nd largest video chain in US
- Small Town Crossroads- Near 3 Schools- Perfect Target Market for These Retailers
- Send back confidentiality agreement to receive a full package via email
- Feb 05 Appraisal- $1,690,000
4423 South NC Hwy 150, Tyro, NC 27292 (Davidson County)
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