www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34305698
34305679

100 Lizard Creek Road, Littleton, NC 27850

QO
NC NC 352543
Berkeley Capital Advisors Charlotte
RF
NC 280948
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte
$1,641,000
1 day on market
Updated 1 day ago

Family Dollar

Details
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 10,500
Cap Rate 8.15%
NOI $133,770
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree (+1)
Lease Type NN
Lease Term 10
Lease Expiration 09/30/2032
Remaining Term 6
Rent Bumps Yes
Lease Options Three, 5-Year
Price per SqFt $156
Broker Co-Op True
Year Built 2013
Buildings 1
Acreage 2.060
Zoning Commercial
Parking Spaces 44 spaces
Parking per 1,000 SqFt 4.19
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/01/2013
Ground Lease No

Recent Lease Extension | Affluent Surrounding Area | Corporate Guaranty

Investment highlights

• Recent 10-year lease extension signed 2022 | 6+ years remaining on extension term

• Significant landlord investment | Tenant expanded the building by approximately 2,000 SF in 2022

• Affluent surrounding area | $121K average household income within a 3-mile radius

• Recent capex | Parking lot repaved and resurfaced 2 years ago

• Attractive lease structure | New 10-year term plus 3, 5-year options remaining | 25-year full lease tail

• Corporate guaranteed lease | Family Dollar Stores, Inc. | 7,123+ locations in the US

• Strong rent growth | $0.75 PSF rent increases in each option period

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

• Large stand-alone parcel | 2.06 acres | 44 parking spaces

• Located in Lake Gaston region | One of North Carolina’s largest reservoirs at 20,300 surface acres and 350 miles of shoreline | The lake attracts over 1M visitors annually

• Major recreational and retirement destination | Lake Gaston attracts retirees, second home buyers, and vacationers from across the Mid Atlantic

• Less than 20 minutes from Littleton Academy & William R. Davie Middle School | 900 students combined

• Halifax County | 90 minutes from Raleigh, NC and easy access to I-85

• Nearby destination retailers: Food Lion, Piggly Wiggly, Hardee’s, Subway, Napa Auto Parts, and more

Listing Contacts

QO
NC NC 352543
Berkeley Capital Advisors Charlotte
RF
NC 280948
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$133,770.00
$11,147.50/mo

Valuation Metrics

0
DSCR
8.15%
Cap Rate
8.15%
ROI

Map

Zoning

Intelligence Badge
NB CommercialNeighborhood CommercialNeighborhood Business District
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 113 uses
View all 113 uses
Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Quinn O'Donnell
License
NC 352543
Brokerage Phone
704-379-1980
Brokerage Address
1228 East Morehead Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591