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Dark Family Dollar 1144 Greenwood Rd 8,320 SF Retail Building Sanford, NC 27332 For Sale

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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

Coming to Auction
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

Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.45 AC
Zoning
HC - Highway Commercial
Parking
32 Spaces (3.84 Spaces per 1,000 SF Leased)

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

PROPERTY TAXES

Parcel Number
9549-26-4768-00
Land Assessment
$72,500
Improvements Assessment
$734,800
Total Assessment
$807,300
  • Listing ID: 37792829

  • Date on Market: 9/23/2025

  • Last Updated:

  • Address: 1144 Greenwood Rd, Sanford, NC 27332

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