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Investment Highlights

  • Built in 2015
  • High 15'-20' ceilings
  • Natural Gas heat

Executive Summary

Former Family Dollar building built in 2015, excellent condition, available NOW for sale, or lease on Virginia Road (Hwy 32) about 5 miles north of Edenton NC, located across the street from White Oak Elementary School. 8,000 sq ft building with 15'-20' ceilings on 1.73 acres in beautiful Chowan County NC. Cost to construct new would be around $1,390,000. Listed below tax assessed price of $823,351. Owner will consider long term lease for $4,800 per month NNN. HVAC units powered by natural gas, 40 parking spaces!

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
C
Year Built
2015
Price
$590,000
Price Per SF
$73.75
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.73 AC
Opportunity Zone
Yes
Zoning
A1 - A1
Parking
41 Spaces (5.13 Spaces per 1,000 SF Leased)
Frontage
250’ on Virginia Road

Amenities

  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • Sep 2025

Family Dollar began in 1959 as a discount variety store chain and grew from a neighborhood retail concept into a nationwide business serving everyday shopping needs. The company focuses on affordable family essentials and carries food and beverages, paper products, health and beauty supplies, pet food, home products, apparel and accessories, seasonal goods, and electronics. Family Dollar supports convenient value shopping through national brands, private-label items, and digital savings tools across the United States.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - Sep 2025

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 8,000 SF
  • Retail
  • -
  • Now

Former Family Dollar building built in 2015, excellent condition, available NOW for LEASE ($4,800/Month) NNN. Located on Virginia Road (Hwy 32) about 5 miles north of Edenton NC, located across the street from White Oak Elementary School. 8,000 sq ft building with 15'-20' ceilings on 1.73 acres in beautiful Chowan County NC. HVAC units powered by natural gas, 40 parking spaces!

Space Size Space Use Position Available
1st Floor 8,000 SF Retail - Now

1st Floor

Size
8,000 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 8,000 SF
Space Use Retail
Position -
Available Now

Former Family Dollar building built in 2015, excellent condition, available NOW for LEASE ($4,800/Month) NNN. Located on Virginia Road (Hwy 32) about 5 miles north of Edenton NC, located across the street from White Oak Elementary School. 8,000 sq ft building with 15'-20' ceilings on 1.73 acres in beautiful Chowan County NC. HVAC units powered by natural gas, 40 parking spaces!

Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
6898-00-25-1579
Land Assessment
$25,190
Improvements Assessment
$798,161
Total Assessment
$823,351
  • Listing ID: 35895196

  • Date on Market: 5/16/2025

  • Last Updated:

  • Address: 1823 Virginia Rd, Edenton, NC 27932

Contact the Sale Advisor

1823 Virginia Rd

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