1054 Nc Highway 86 N - Freestanding FOR SALE


Yanceyville, NC 27379
$965,000 USD
646-841-0631
1054 Nc Highway 86 N, Yanceyville, NC for Sale
$965,000 USD
Freestanding - FOR SALE
1/5
null | 11% Cap Rate

1054 Nc Highway 86 N
Yanceyville, NC 27379


HIGHLIGHTS

  • Best-in-Class Tenant with Corporate Guaranty
  • Net Lease | Low Rent PSF | Strong Store Operating History
  • Relocation Store with Build-to-Suit Construction
  • Signalized Hard Corner with Great Access and Visibility in Centralized Location

OVERVIEW

Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in the Family Dollar asset located in Yanceyville, NC (the “Property”). Located on the corner of Highway 86 and Firetower Rd, the Property consists of an 8,320-square-foot freestanding retail building on 1.25-acres of land. The Property was built-to-suit for Family Dollar as a relocation store in 2014. Family Dollar has operated at this location for 10+ years, and has recently extended for an additional 1-year term. Family Dollar is one of the nation’s largest chains of dollar stores and has been in operation for over 65 years. Family Dollar operates more than 8,000 locations and employs more than 77,400+ associates in 46 states across the United States. In July 2015, Dollar Tree, Inc. completed its acquisition of Family Dollar Stores, Inc., making it the largest discount retailer by store count in North America and creating an estimated $300 million annual benefit. As of 1/31/2024, parent company Dollar Tree, Inc. reported $30.6 billion in total revenues and currently holds an investment grade S&P credit rating of BBB/Stable.

FOR SALE DETAILS

PRICE

$965,000 USD

PRICE/SF

$116 USD /SF

CAP RATE

11%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

C

APN/PARCEL ID

0068.00.00.0091.0000

ASK ABOUT THIS PROPERTY

Josh PardueNorthmarqMore Info
646-841-0631

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Josh PardueNorthmarqMore Info
646-841-0631

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.