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Discount

Family Dollar

104 S Main St, Winton, NC 27986

Listing Price: $1,055,000

Cap Rate
7.00%
Tenant Name
Family Dollar
Years Remaining On Lease
9.4
Gross SF
8,000
Guarantor
Corporate Guarantee
Rentable SF
8,000
Price/Gross SF
$131.88
Lease Type
Double Net
Rent Per Square Feet
$9.23

Investment Overview

Marcus & Millichap is pleased to present for sale a Family Dollar located in Winton, North Carolina.

Investment Highlights

  • New Long Term Lease Extension | 10-Year Extension | Lease Expiration Jan 31, 2033
  • Long Term Commitment to Location | Tenant Investment and Store Upgrades Planned for 2023
  • Established Successful Location Since 2008 | Multiple Renewals Executed
  • Double Net (NN) Lease with Minimal Landlord Responsibilities | Low Rent ($9.23/SF)
  • Tenant is Responsible for Landscaping, Parking Lot Restriping, CAM, Taxes, and Insurance
  • Top Ranking Location in North Carolina | 83th Percentile for Customer Foot Traffic (Placer.ai)
  • Limited Competition Nearby | No Dollar General within 7-Miles
  • Corporate Guaranteed Family Dollar Lease | BBB Credit Rating (S&P)

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s) NC: 303785

    North Carolina

Financing By

Discount

Family Dollar

Listing Price: $1,055,000

Cap Rate
7.00%
Tenant Name
Family Dollar
Years Remaining On Lease
9.4
Gross SF
8,000
Guarantor
Corporate Guarantee
Rentable SF
8,000
Price/Gross SF
$131.88
Lease Type
Double Net
Rent Per Square Feet
$9.23

Investment Highlights

  • New Long Term Lease Extension | 10-Year Extension | Lease Expiration Jan 31, 2033
  • Long Term Commitment to Location | Tenant Investment and Store Upgrades Planned for 2023
  • Established Successful Location Since 2008 | Multiple Renewals Executed
  • Double Net (NN) Lease with Minimal Landlord Responsibilities | Low Rent ($9.23/SF)
  • Tenant is Responsible for Landscaping, Parking Lot Restriping, CAM, Taxes, and Insurance
  • Top Ranking Location in North Carolina | 83th Percentile for Customer Foot Traffic (Placer.ai)
  • Limited Competition Nearby | No Dollar General within 7-Miles
  • Corporate Guaranteed Family Dollar Lease | BBB Credit Rating (S&P)

Investment Overview

Marcus & Millichap is pleased to present for sale a Family Dollar located in Winton, North Carolina.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s): NC: 303785

    North Carolina

Financing By

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