Family Dollar-Oak City, NC

Retail-Commercial for Sale
Catylist Listing ID: 30763891
Property Subtypes: Free-Standing Building
Building Size (RSF): 8,000 SF
Sale Price: $795,450
Unit Price: $99.43 PSF
Property Use Type: Investment
Usable Size (USF): 8,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/17/2022

Overview / Comments

Price: $795,450
Cap Rate: 8.75%
Gross rents: $74,000
NOI: $69,650
Lease Expiration: 01/31/2023
Rental Increases: 5% at each option
Renewal Options: (2) 5-Year Options
Building Size: 8000 +/- sf
Year Built: 2011
Expenses: $4,350
Landlord Responsibilities: Roof, Structure and Parking Lot
11 Year occupancy at this site

Additional Details

Nearest MSA: Rocky Mount
County: Martin
Tax ID/APN: 1000781
Zoning: N/A

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,041 1,726
Median Age: 50.8 49.89
Households: 463 762


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