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Family Dollar 320 N Main St 9,180 SF Retail Building Candor, NC 27229 $1,365,908 CAD ($148.79 CAD/SF) 7.75% Cap Rate

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EXECUTIVE SUMMARY

Rare 15.74% Rent Increase at next Option (January, 2027). Annual NN+ Income $75,835 with 7.75 Cap. There are (4) 5-Year Options on this proven producer. This is a larger format built to suit store with 9,180 sq. ft. and it has been upgraded by Family Dollar twice since it was built, showing the tenant's commitment to this site. It is an H2 format which provides a better customer offering than standard Family Dollar stores.
Candor is a growing community with a stable employed demographic. Serveral industries provide work with an average income of $56,181, and it is the long -time host of the North Carolina Peach Festival which draws crowds of over 8,000 visitors annually.
The Landlord has maintained the properlty with roof improvements in 2022 and parking lot sealing and stripping in 2024.
This property is being sold by the principal, but commissions for buyer-side brokers will be negotiated.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,180 SF
Building Class
B
Year Built
2005
Price
$1,365,908 CAD
Price Per SF
$148.79 CAD
Cap Rate
7.75%
NOI
$105,858 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.81 AC
Zoning
Commercial - Commercial

AMENITIES

  • Pylon Sign
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Family Dollar is a neighborhood-focused retailer committed to providing everyday essentials at affordable prices. With merchandise typically ranging from $1 to $10, Family Dollar offers a wide selection of competitively priced national brands alongside value-driven private labels. Customers can find food and beverages, paper goods, health and beauty products, pet supplies, home décor, apparel, seasonal items, and personal electronics—all in one convenient location. Family Dollar stores are strategically located in communities across the country, including underserved areas often lacking access to affordable retail options. By placing stores in these neighborhoods, Family Dollar helps improve the availability of essential goods while saving customers time and money. The company’s mission is rooted in delivering value, convenience, and reliability to families seeking quality products on a budget.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer - $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7576-16-74-6644
Land Assessment
$92,367 CAD
Improvements Assessment
$872,825 CAD
Total Assessment
$965,192 CAD
  • Listing ID: 35923170

  • Date on Market: 2025-05-20

  • Last Updated:

  • Address: 320 N Main St, Candor, NC 27229

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