Historical Retail Sale Listing - TYRO DOLLAR GENERAL, MOVIE GALLERY AND SHOPS

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TYRO DOLLAR GENERAL, MOVIE GALLERY AND SHOPS

4423 South NC Hwy 150, Tyro, NC 27292

N/A

16,214 SF | Retail

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Retail Property - Off Market

Price:
N/A
Gross Leasable Area:
16,214 SF
Property Type:
Retail
Property Sub-type:
Strip Center
Property Use Type:
Investment
Cap Rate:
8.70%
Occupancy:
100%
No. Stories:
1
Tenancy:
Multiple
Year Built:
2005
Lot Size:
2.05 AC
Parking Ratio:
5.60 / 1,000 SF
Listing ID
14986337
Last Updated
over 1 year ago

Highlights

  • 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

Description

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.

Map of 4423 South NC Hwy 150, Tyro, NC 27292 (Davidson County)

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Created 2/5/2007