Family Dollar - Recent Extension at 35% Rent Increase
Retail | 8.77% CAP | Recent Extension at 35% Rent Increase
Marketing description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Family Dollar in Kinston, NC. This property is a low price point Family Dollar with over six years remaining on its current lease term. A 35% rent increase, already contractually agreed to by Family Dollar, takes effect on December 31, 2026.
Property Website: https://trinityreis.com/listing/2046-us-258/
In cooperation with Brian Brockman at Bang Realty-North Carolina Inc | NC #298998 | [email protected] | (513) 898-1551
Investment highlights
Low Price Point Family Dollar in Kinston, NC With 6+ Years Remaining on Current Term
35% Rent Increase Effective 12/31/2026 Already Contractually Agreed to by Family Dollar
Established Family Dollar Location Operating Since 2006, With Multiple Lease Extensions and Strong Performance History
Ownership Completed Roof Servicing and Re-Paved the Parking lot in 2024, Enhancing Asset Longevity
Corner Lot at the Intersection of US Hwy 258 and Daly Waldrop Rd With Combined Traffic Counts of 13,000+ Vehicles Passing Daily
Healthy 5-Mile Demographics for a Dollar Store With Nearly 26,000 Residents
Corporately Guaranteed by Family Dollar Stores, LLC (Privately Held)
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