224 East Kornegay Street, Dover, NC 28526 For Sale

• Corporate guaranty from Family Dollar Stores, Inc. | 7,123+ locations across the U.S.

• Attractive lease structure with 6, 5-year options remaining | 40- year full lease term

• Strong rent growth | 7.5% increase in fixed mid term year plus 5% increase in each option period

• Family Dollar operates as an independent company under PE ownership (Brigade Capital and Macellum Capital, acquired July 2025)

• Strategically located on Highway 70 | Hard corner location | East/West regional corridor

• Stand-alone parcel | 1.59 acres | 30 parking spaces

• Modern building footprint at 8,320 SF

• Craven County (population 104,000) | Eastern North Carolina rural trade area

• 10 minutes from Lenoir Community College | 2,400 students

• 15 minutes from New Bern, NC | Historic regional commerce hub | Population 30,000

• 35 minutes from MCAS Cherry Point Marine Corps Air Station |

14,000+ military and civilian personnel

• Close proximity to several strong performing big box retailers: Piggly Wiggly ranks in the 91st percentile, Walmart Supercenter 72nd percentile, and Food Lion ranks in the 72nd percentile

• Nearby Destination Retailers: Food Lion, Piggly Wiggly, Tractor Supply Co., Waffle House, McDonald’s, Burger King, Wendy’s, Biscuitville, Taco Bell, Bojangles, Domino’s Pizza, Little Caesars, Circle K, Exxon, and more