301 Nash St W
Wilson, NC 27893
Dollar Tree · Retail Property For Sale

Marcus & Millichap is pleased to present the opportunity to acquire a 2-property Dollar Tree portfolio located in King and Wilson, North Carolina. The portfolio is 100% triple-net leased, and the Wilson, NC location includes a Wells Fargo drive-thru ATM which drives additional traffic to the property. Both the King and Wilson locations represent brand new stores for Dollar Tree which opened in 2015-2016 upon completion of Dollar Tree-spec buildout. As is the case for most national retailers in today’s brick and mortar retail environment, Dollar Tree’s new store site selection process is rigorous. These new locations were carefully evaluated and are strategically situated in underserved markets. These stores are well established at major intersections producing high traffic counts and excellent access for their respective areas. The portfolio has a combined square footage of approximately 19,026 with Wilson being the largest with 9,726 square-feet and King with 9,300 square-feet. The Wilson location also features a drive-up Wells Fargo ATM adding an additional $11,200 to the net operating income. Both properties are being offered free of debt at a purchase price of $2,325,321 which reflects a cap rate of 8.0%.