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INVESTMENT HIGHLIGHTS
- Value-Add Opportunity: ±8,000 SF former Family Dollar with 2.75 years of lease term remaining, offering investors the chance to reposition, re-lease
- Flexible Use Potential: Free standing retail building with ample parking, adaptable for a variety of uses including discount retail, service retail
- Residual Cash Flow: Tenant remains responsible for rent payments for the remaining lease term, creating a short-term income stream
- Attractive Basis: Pricing is based on a low price per square foot, providing a compelling entry point and significant upside upon re-tenanting.
- Established Commercial Corridor: Located in Sanford, NC, a growing market within the Raleigh-Durham metro region, benefiting from steady population
EXECUTIVE SUMMARY
Starting Bid: $150,000
Bid Dates 12/1-12/3,2025
Broker of Record
Kyle Matthews
License # C38369 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
AMENITIES
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- -
- $10.99
- Double Net
- Jun 2028
Family Dollar is a neighborhood-focused retailer committed to providing everyday essentials at affordable prices. With merchandise typically ranging from $1 to $10, Family Dollar offers a wide selection of competitively priced national brands alongside value-driven private labels. Customers can find food and beverages, paper goods, health and beauty products, pet supplies, home décor, apparel, seasonal items, and personal electronics—all in one convenient location. Family Dollar stores are strategically located in communities across the country, including underserved areas often lacking access to affordable retail options. By placing stores in these neighborhoods, Family Dollar helps improve the availability of essential goods while saving customers time and money. The company’s mission is rooted in delivering value, convenience, and reliability to families seeking quality products on a budget.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Retailer | - | $10.99 | Double Net | Jun 2028 |
PROPERTY TAXES
| Parcel Number | 9549-26-4768-00 | Improvements Assessment | $734,800 |
| Land Assessment | $72,500 | Total Assessment | $807,300 |
PROPERTY TAXES
Presented by
Dark Family Dollar | 1144 Greenwood Rd
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