Family Dollar

Highlights:

• - 8,320 SF Family Dollar
• - Constructed in 2015
• - 10-Year NN Lease - 6 Years Remaining
• - Six 5-Year Options
• - 10% Increases Every 5 Years
• - 7.59% Starting CAP Increases to 7.80% in 2026
• - 17 Miles to the Nearest Walmart Super Center

Description:

Introducing a prime retail investment opportunity located at 5469 U.S. Highway 258, Farmville, NC. This impeccably maintained 8,320 SF, single-tenant building, constructed in 2015, is fully leased to Family Dollar on a 10-year NN lease (6 years remaining in the primary term) with six 5-year options and 10% rent increases every 5 years. With a starting CAP rate of 7.59%, increasing to 7.80% in 2026, this property offers a compelling investment proposition. Strategically situated in a commercial-zoned area, this high-traffic location ensures maximum visibility for the tenant. Don't miss out on this turnkey investment with 100% occupancy and a top-tier national tenant.

Discover the charm of Farmville, NC, a thriving community with a rich history and vibrant future. Nestled in the heart of Pitt County, this area boasts a welcoming small-town atmosphere with easy access to major urban centers. The area is home to a variety of amenities, including local shops, restaurants, and cultural attractions. In addition, the nearby East Carolina University brings a youthful energy to the area. For Office / Office Building investors, the property's location offers the perfect blend of tranquility and convenience, making it an ideal choice for those seeking an attractive investment opportunity within a dynamic and growing market.