Log In/Sign Up
Your email has been sent.
Family Dollar 467 NC Highway 58 N 8,000 SF Retail Building Trenton, NC 28585 $1,174,626 CAD ($146.83 CAD/SF) 9% Cap Rate
Investment Highlights
- Offered at $858,833, reflecting a 9.00% capitalization rate
- Attractive Rental Escalations: A 15.25% rent increase at the first option period, followed by 10% increases at each subsequent renewal
- Corporate Guarantee: Lease is backed by Family Dollar, a subsidiary of Dollar Tree, Inc. (NASDAQ: DLTR), providing credit-backed income security
- ±6.25 Years of Term Remaining on the current lease, with four (4) additional five-year renewal options
- Established Tenancy Since 2008: Family Dollar has operated at this location for over 15 years and has exercised two lease extensions
- ±8,000 SF Freestanding Building on a ±0.86-acre parcel featuring a concrete lot and approximately 29 surface parking spaces
Executive Summary
Broker of Record
Gerard Hamas License # 362768 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Gerard Hamas License # 362768 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
B
Year Built
2008
Price
$1,174,626 CAD
Price Per SF
$146.83 CAD
Cap Rate
9%
NOI
$105,716 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.86 AC
Zoning
C14 - Commercial
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 4488-93-0365 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,006,354 CAD |
Property Taxes
Parcel Number
4488-93-0365
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,006,354 CAD
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Family Dollar | 467 NC Highway 58 N
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.