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(Dark) Family Dollar 5000 NC 704 Hwy E 9,180 SF Retail Building Sandy Ridge, NC 27046 $1,207,292 CAD ($131.51 CAD/SF) 10.91% Cap Rate
Investment Highlights
- Newer construction built only 4 years ago
- Family Dollar is still responsible to perform all of their obligations under the lease
- Family Dollar has expressed interest in buying out the lease
- 10 Year Roof Warranty
Executive Summary
Exclusive Realty is proud to present a unique investment opportunity in Sandy Ridge, NC. This impressive 9,180 square foot free-standing commercial building offers a reliable income, backed by a stable lease guaranteed by Family Dollar corporate (S&P BBB). Investors can enjoy a secure, hassle-free cash flow for the next seven years, with Family Dollar still responsible for all their obligations under the lease.
The building's modern and versatile design suits a variety of retail applications, ensuring long-term relevance in the marketplace. Whether you are an experienced investor or new to commercial real estate, this property is a robust addition to your portfolio. Its strategic location and contemporary design make it a standout asset.
For those seeking a low-maintenance investment, this property promises minimal management requirements and sustained profitability. The stable lease and reputable tenant provide peace of mind, allowing investors to benefit from a consistent revenue stream without typical property management headaches.
The building's modern and versatile design suits a variety of retail applications, ensuring long-term relevance in the marketplace. Whether you are an experienced investor or new to commercial real estate, this property is a robust addition to your portfolio. Its strategic location and contemporary design make it a standout asset.
For those seeking a low-maintenance investment, this property promises minimal management requirements and sustained profitability. The stable lease and reputable tenant provide peace of mind, allowing investors to benefit from a consistent revenue stream without typical property management headaches.
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Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,180 SF
Building Class
B
Year Built/Renovated
2020/2022
Price
$1,207,292 CAD
Price Per SF
$131.51 CAD
Cap Rate
10.91%
NOI
$131,757 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.71 AC
Zoning
None, County - Commercial
Parking
15 Spaces (1.63 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 607004516542 | Improvements Assessment | $947,512 CAD |
| Land Assessment | $71,369 CAD | Total Assessment | $1,018,881 CAD |
Property Taxes
Parcel Number
607004516542
Land Assessment
$71,369 CAD
Improvements Assessment
$947,512 CAD
Total Assessment
$1,018,881 CAD
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(Dark) Family Dollar | 5000 NC 704 Hwy E
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