Family Dollar
Family Dollar 7.59% CAP Rate 2015 Construction
Marketing description
Introducing a prime Family Dollar retail investment opportunity located at 5469 U.S. Highway 258, Farmville, NC. This impeccably maintained 8,320 SF, single-tenant investment, constructed in 2015, is fully leased to Family Dollar on a 10-year NN lease (6 years remaining) with six 5-year options and 10% rent increases every 5 years.
With a starting CAP rate of 7.81%, this property offers a compelling investment proposition. Strategically situated at the intersection of Interstate 587 and Highway 258, this high-traffic location ensures maximum visibility for the tenant and proximity to major retailers such as McDonalds, Bojangles, and Food Lion. The nearest Walmart Center is 14.9 miles away, making Family Dollar a preferred stop for food, sundries, and other daily needs.
Don't miss out on this turnkey investment with 100% occupancy and a top-tier national tenant.
Investment highlights
8,320 SF Family Dollar
Constructed in 2015
6 Years Remain on Primary Lease Term
10-Year NN Lease - Landlord Responsible for Roof & Structure Only
Six 5-Year Options
10% Increases Every 5 Years
7.81% CAP Rate
14.9 Miles from Nearest Walmart Center
Next to McDonald’s, Food Lio,n and Bojangles
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