1500 N New Hope Rd
Raleigh, NC 27604
Retail Property For Sale

10,000 SF NNN lease Dollar Tree located in Raleigh, NC built in 2015. - Just 15 minutes from downtown Raleigh, 1500 New Hope Road is conveniently located at the intersection of Rte-64 & I-440 (Exit 13). Dollar Tree currently has 5.28 years remaining on its initial term, with three (3) options to extend upon expiration. Dollar Tree, Inc. is an American chain of discount variety stores that sells items for $1 or less. Headquartered in Chesapeake, Virginia, it is member company of Fortune 500 and operates 13,600 stores throughout the 48 contiguous U.S. states and Canada. Its stores are supported by a nationwide logistics network of eleven distribution centers. The company operates one-dollar stores under the names of Dollar Tree and Dollar Bills. The company also operates multi-price point variety chains under the names Deals and Family Dollar. Adjacent property at 1480 North New Hope Rd, also known as NNN AAA Car Care Center, is also available for sale: - Absolute NNN AAA Car Care Center Property Listed By: William Campbell Walker Lincoln Harris, LLC NC RE Lic No. 250479 campbell.walker@lincolnharris.com Base Rent: th { text-align: left; } Lease Term Lease Years Per SQ FT Monthly Annually Original Lease 1-7 $12.00 $10,000.00 $120,000.00 First Renewal 8-12 $12.50 $10,416.67 $125,000.00 Second Renewal 13-17 $13.00 $10,833.33 $130,000.00 Third Renewal 18-22 $13.50 $11,250.00 $135,000.00 Property Listed By: William Campbell Walker Lincoln Harris, LLC NC RE Lic No. 250479 campbell.walker@lincolnharris.com