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108 Culp Rd
Richfield, NC 28137
Family Dollar · Retail Property For Sale


Investment Highlights
- 2022 build to suit Family Dollar
- Corporately guaranteed lease
- 10-mile population of ±45,078 residents
- ±7 years remaining on an initial 10-year lease
- Rent increases of $5,250 ($0.50 / SF) in all five, 5-year options
Executive Summary
Brian Brockman – Broker
License #: 298998
Bang Realty-North Carolina Inc
bor@bangrealty.com
513-898-1551
License #: 298998
Bang Realty-North Carolina Inc
bor@bangrealty.com
513-898-1551
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
10,260 SF
Building Class
B
Year Built
2020
Price
$2,027,107 CAD
Price Per SF
$197.57 CAD
Cap Rate
9%
NOI
$182,440 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
2.09 AC
Zoning
N-B
Property Taxes
| Parcel Number | 6622-01-29-0567 | Improvements Assessment | $1,197,835 CAD |
| Land Assessment | $685,712 CAD | Total Assessment | $1,883,548 CAD |
Property Taxes
Parcel Number
6622-01-29-0567
Land Assessment
$685,712 CAD
Improvements Assessment
$1,197,835 CAD
Total Assessment
$1,883,548 CAD
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