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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
Broker of Record
Gerard Hamas
Broker Lic. No.: 362768 (NC)
Firm Lic. No.: C42113 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
Gerard Hamas
Broker Lic. No.: 362768 (NC)
Firm Lic. No.: C42113 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
10,260 SF
Building Class
B
Year Built
2020
Price
$2,091,832 CAD
Price Per SF
$203.88 CAD
Cap Rate
9%
NOI
$188,265 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 | $1,241,147 CAD |
| Land Assessment | $710,506 CAD | Total Assessment | $1,951,653 CAD |
Property Taxes
Parcel Number
6622-01-29-0567
Land Assessment
$710,506 CAD
Improvements Assessment
$1,241,147 CAD
Total Assessment
$1,951,653 CAD
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