Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the newly built Dollar Tree/Family Dollar dual branded store located in Hayesville, North Carolina. The freestanding retail building was constructed in 2022 and totals 10,500 square-feet, fully leased to Dollar Tree/Family Dollar. The subject property rests on approximately 1.49 acres situated on a hard corner with excellent visibility via Highway 64 E (11,000+ VPD). Dollar Tree is on a long-term, NN lease with +/- 9.8 years of term remaining with rent escalations occurring each option period and features a corporate guarantee. The subject property is primely located adjacent to an Ingles Market and the immediate surrounding area includes other national retailers such as Dollar General, Subway, Huddle House, McDonald’s, Walgreens & more. The area also features strong demographics with the average household income at $65,143 within a 5-mile radius. As the county seat of Clay County, Hayesville combines small-town charm with the beauty of the mountains, lakes, rivers and streams that surround it. Nestled in the Blue Ridge Mountains of southwestern North Carolina, Clay County prospers a thriving tourism trade due to its rugged mountains, trout fishing, and crafts industry. Lake Chatuge and other nearby picturesque locales provide the perfect backdrop for exciting activities of all kinds. The county is ideally located within two hours from Asheville, NC; Greenville, SC; Atlanta, GA and Chattanooga & Knoxville, TN.