| 505 Dr. Donnie H. Jones Jr. Blvd. Princeton, NC | |
| PRICE | $1,687,191 |
| CAP RATE | 7.3% |
| NOI | $123,165 |
| EXPECTED COMPLETION DATE | 08/31/2023 |
| LEASE TYPE | NN+ |
| SQUARE FOOTAGE | 10,500 SF |
| LANDLORD RESPONSIBILITIES | Roof and Structure |
| RENTAL INCREASES | Rent Increases at each option |
| RENEWAL OPTIONS | (5) 5-Year Options |
| LOT SIZE | 1.65 Acres |
| YEAR BUILT | 2023 |
Oswald Cooke & Associates is pleased to offer a new construction 10 Year NN+ leased Corporate Family Dollar/Dollar Tree. The lease is fixed during the initial term and offers bumps in all options. The Landlord is responsible for roof and structure. The store is scheduled to open in July 2023. A building warranty and a 20-year roof warranty will transfer with the property. Other retailers in the area include Food Lion, Hardees, Dollar General, First Citizens Bank, Truist Bank, Hwy 55 Burgers and Shakes, and Bojangles. There are over 13,000 people within a 5-mile radius.
Princeton, NC