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Family Dollar 1001 US Highway 158 E 8,912 SF Retail Building Sunbury, NC 27979 $987,500 ($110.81/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate guaranteed lease | Family Dollar Stores, Inc. | 7,512 locations across 49 states
- This store ranks in the 86th percentile in NC via Placer.ai
- 6 miles from the 4,000-acre Merchants Millpond State Park in Gates County | 250K visitors annually
- Long operating history | Leased since 2011
- Large parcel | 1.53 acres
- 9 minutes from Gates County High School | 455 students
EXECUTIVE SUMMARY
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Family Dollar in Sunbury, NC. We welcome your review of this attractive investment.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,912 SF
Building Class
B
Year Built
2011
Price
$987,500
Price Per SF
$110.81
Cap Rate
8%
NOI
$79,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.53 AC
Zoning
A-1
Parking
38 Spaces (4.26 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 10-03129 | Improvements Assessment | $646,148 |
| Land Assessment | $74,528 | Total Assessment | $720,676 |
PROPERTY TAXES
Parcel Number
10-03129
Land Assessment
$74,528
Improvements Assessment
$646,148
Total Assessment
$720,676
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Family Dollar | 1001 US Highway 158 E
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