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125 S McDaniel St 10,500 SF Retail Building Enfield, NC 27823 $1,285,200 ($122.40/SF) 8.75% Cap Rate
Investment Highlights
- Brand-new 2021 build-to-suit specifically for Family Dollar, delivering modern, high-quality facilities with minimal near-term capital requirements.
- $5,250 annual increases ($0.50/SF) in each of the five (5), 5-year renewal options, ensuring predictable cash flow growth and inflation protection.
- Full corporate guarantee from Family Dollar, delivering reliable payment performance and investment-grade tenancy stability.
- ±7.5 years remaining on an initial 10-year NN+ lease with limited landlord responsibilities, providing strong income visibility and passive ownership
- ±9,000 residents within a 10-mile radius, supporting consistent demand for essential, value-oriented retail in the trade area.
Executive Summary
Kyle Matthews
License # 288917, C38369
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,088,900 | |
| Land Assessment | $84,400 | Total Assessment | $1,173,300 |
Property Taxes
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125 S McDaniel St
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