5000 NC 704 Hwy E - Convenience Store FOR SALE


Sandy Ridge, NC 27046
$1,129,000 USD
818-579-0652
5000 NC 704 Hwy E, Sandy Ridge, NC for Sale
$1,129,000 USD
Convenience Store - FOR SALE
1/4
null | 8.65% Cap Rate

5000 NC 704 Hwy E
Sandy Ridge, NC 27046


HIGHLIGHTS

  • Newer construction built only 4 years ago
  • Family Dollar has expressed interest in buying out the lease
  • Family Dollar is still responsible to perform all of their obligations under the lease
  • 10 Year Roof Warranty

OVERVIEW

Exclusive Realty is proud to present a unique investment opportunity in Sandy Ridge, NC. This impressive 9,180 square foot free-standing commercial building offers a reliable income, backed by a stable lease guaranteed by Family Dollar corporate (S&P BBB). Investors can enjoy a secure, hassle-free cash flow for the next seven years, with Family Dollar still responsible for all their obligations under the lease. The building's modern and versatile design suits a variety of retail applications, ensuring long-term relevance in the marketplace. Whether you are an experienced investor or new to commercial real estate, this property is a robust addition to your portfolio. Its strategic location and contemporary design make it a standout asset. For those seeking a low-maintenance investment, this property promises minimal management requirements and sustained profitability. The stable lease and reputable tenant provide peace of mind, allowing investors to benefit from a consistent revenue stream without typical property management headaches.

FOR SALE DETAILS

PRICE

$1,129,000 USD

PRICE/SF

$123 USD /SF

CAP RATE

8.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

(Dark) Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.71 AC

LAND SF

74,363 SF

ZONING

None, County

APN/PARCEL ID

607004516542

ASK ABOUT THIS PROPERTY

Sam WessonExclusive RealtyMore Info
818-579-0652

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Sam WessonExclusive RealtyMore Info
818-579-0652

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