Log In/Sign Up
Your email has been sent.
(Dark) Family Dollar 5000 NC 704 Hwy E 9,180 SF Retail Building Sandy Ridge, NC 27046 $895,000 ($97.49/SF) 10.91% Cap Rate
Investment Highlights
- Newer construction built only 4 years ago
- Family Dollar is still responsible to perform all of their obligations under the lease
- Family Dollar has expressed interest in buying out the lease
- 10 Year Roof Warranty
Executive Summary
Exclusive Realty is proud to present a unique investment opportunity in Sandy Ridge, NC. This impressive 9,180 square foot free-standing commercial building offers a reliable income, backed by a stable lease guaranteed by Family Dollar corporate (S&P BBB). Investors can enjoy a secure, hassle-free cash flow for the next seven years, with Family Dollar still responsible for all their obligations under the lease.
The building's modern and versatile design suits a variety of retail applications, ensuring long-term relevance in the marketplace. Whether you are an experienced investor or new to commercial real estate, this property is a robust addition to your portfolio. Its strategic location and contemporary design make it a standout asset.
For those seeking a low-maintenance investment, this property promises minimal management requirements and sustained profitability. The stable lease and reputable tenant provide peace of mind, allowing investors to benefit from a consistent revenue stream without typical property management headaches.
The building's modern and versatile design suits a variety of retail applications, ensuring long-term relevance in the marketplace. Whether you are an experienced investor or new to commercial real estate, this property is a robust addition to your portfolio. Its strategic location and contemporary design make it a standout asset.
For those seeking a low-maintenance investment, this property promises minimal management requirements and sustained profitability. The stable lease and reputable tenant provide peace of mind, allowing investors to benefit from a consistent revenue stream without typical property management headaches.
Data Room Click Here to Access
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,180 SF
Building Class
B
Year Built/Renovated
2020/2022
Price
$895,000
Price Per SF
$97.49
Cap Rate
10.91%
NOI
$97,675
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.71 AC
Zoning
None, County - Commercial
Parking
15 Spaces (1.63 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 607004516542 | Improvements Assessment | $682,400 |
| Land Assessment | $51,400 | Total Assessment | $733,800 |
Property Taxes
Parcel Number
607004516542
Land Assessment
$51,400
Improvements Assessment
$682,400
Total Assessment
$733,800
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
(Dark) Family Dollar | 5000 NC 704 Hwy E
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.