Maxton, NC - Dollar Tree

Description:

• The tenant, Dollar Tree Stores, Inc., recently signed a brand new 10-year lease with 3 (5-year) option periods to extend, showing their commitment to the site
• The lease features flat rent rent during the initial term and increases of $0.50 PSF at the beggining of each 5-year option period, steadily growing NOI and hedging against inflation

• The subject property is located directly across from a Piggly Wiggly grocery store
• The site is in the center of a primary retail corridor with other nearby national/credit tenants including Food Lion, Hardee’s, Dollar General, Family Dollar, DaVita Dialysis, and many more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site