Your email has been sent.
2710 Us Hwy 64 74A Hwy 8,320 SF Retail Building Rutherfordton, NC 28139 $850,000 ($102.16/SF) 10.02% Cap Rate
INVESTMENT HIGHLIGHTS
- Strategically located along US-64/74A Highway, a major thoroughfare in Rutherfordton, ensuring high visibility and accessibility.
- Surrounded by a stable population with a balanced mix of working professionals, families, and retirees.
- High traffic counts on US-64/74A, a key connector route for commuters and visitors traveling through Rutherford County.
- Positioned within a thriving area that serves residents, surrounding rural communities, and tourist visiting nearby attractions, Lake Lure and Chimney
- The location benefits from Rutherford County's growing population and economic diversification.
- Close to popular destinations like Lake Lure, Chimney Rock State Park, and the historic downtown Rutherfordton area.
EXECUTIVE SUMMARY
The property features an 8,320-square-foot building situated on a 1.58-acre parcel along US Highway 64/74A. ( 5,300 AADT ) This scenic highway serves as a vital corridor, connecting Rutherfordton to popular tourist destinations such as Lake Lure and Chimney Rock before culminating in Asheville. Positioned just 7 miles east of Lake Lure and 5 miles west of Rutherfordton, this strategic location attracts a significant share of the 300,000 annual visitors to Lake Lure, further enhancing its appeal as a prime retail asset.
Green Hill, North Carolina, is a picturesque unincorporated community located in Rutherford County. The retail landscape in Green Hill primarily caters to the daily needs of its residents and surrounding rural communities. While the area lacks large-scale retail centers, this creates an opportunity for value-driven retailers like Family Dollar to thrive by meeting the demand for essential goods and services. Limited competition and a loyal customer base position Green Hill as a favorable market for Family Dollar.
PROPERTY FACTS Under Contract
AMENITIES
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- 8,320 SF
- $10.24
- Double Net
- Jun 2029
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 | 8,320 SF | $10.24 | Double Net | Jun 2029 |
PROPERTY TAXES
| Parcel Number | 1652580 | Improvements Assessment | $764,200 |
| Land Assessment | $31,500 | Total Assessment | $795,700 |
PROPERTY TAXES
Presented by
2710 Us Hwy 64 74A Hwy
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.