Free Standing Family Dollar Store

Retail-Commercial for Sale
Catylist Listing ID: 30758207
Property Subtypes: Free-Standing Building
Building Size (RSF): 9,180 SF
Gross Land Area: 1.35 Acres
Sale Price: $1,200,000
Unit Price: $130.72 PSF
Property Use Type: Investment
Usable Size (USF): 9,180 SF
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Last Updated: 9/7/2021

Overview / Comments

Free Standing Family Dollar Store located in Riegelwood, NC. This is an investment property with a 7% CAP rate (at current rent). The lease treatment is NN (landlord is responsible for the roof & exterior). 1.3 Year lease term remaining with an NOI of $83,600. Located right on Hwy 87 close to the intersections with Hwy 74/76 and Hwy 11.

Additional Details

Nearest MSA: Wilmington
County: Columbus
Tax ID/APN: 2231.01-36-3745.000
Zoning: AD-CR
Year Built: 2008

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 824 824 4,198
Median Age: 40 40 39.99
Households: 337 337 1,655

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