Roanoke Rapids NC Family Dollar | FOR SALE

30 US Highway 158, Roanoke Rapids, NC

$982,140

Price

7%

Cap Rate

9,223 sqft

Building Size

Gallery
Street
Map
Overview
Cap Rate
7%
Building Size
9,223 sqft
Lot Area
0.86 acres
Lease Type
Double Net
Year Built
2006
Description

Atlantic Capital Partners has been engaged to offer a free standing Family Dollar in Roanoke Rapids, NC. This Family Dollar is corporately guaranteed by Dollar Tree, Inc, a Fortune 200 company with a S&P rating of BBB. The subject property features a long term lease, with Six (6) 5-year renewal options. Family Dollar recently completed a remodel and automatically exercised a five year option with a rental increase.

Highlights
  • Newly remodeled store & recent option extension
  • 10% rental increases each 5-year period
  • Popular Family Dollar state- fourth most popular state for Family Dollar locations
  • Located in well-trafficked corridor - Over 17,194 ADT at intersection
  • Corporate guaranty from investment grade tenant
  • Proximity to buzzing retail area & top performing Walmart
  • Excellent curb visibility (186 feet)
Documents
Title
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Location
Gallery