Discount
Family Dollar
2710 US 64 74a Hwy, Rutherfordton, NC 28139
Listing Price: $938,222
Investment Overview
Marcus & Millichap is pleased to present a compelling investment opportunity: a Built-to-Suit Family Dollar property located in Rutherfordton, North Carolina, within the Greenhill community. Constructed in 2018, this property boasts approximately 4.5 years remaining on its initial 11-year lease term. The lease also includes six (6) five-year renewal options, each featuring a 5% rent increase. Notably, these renewal options are automatically exercised unless written notice is provided at least 180 days prior to expiration.
The property features an 8,320-square-foot building situated on a 1.58-acre parcel along US Highway 64/74A. ( 5,300 AADT ) This scenic highway serves as a vital corridor, connecting Rutherfordton to popular tourist destinations such as Lake Lure and Chimney Rock before culminating in Asheville. Positioned just 7 miles east of Lake Lure and 5 miles west of Rutherfordton, this strategic location attracts a significant share of the 300,000 annual visitors to Lake Lure, further enhancing its appeal as a prime retail asset.
Green Hill, North Carolina, is a picturesque unincorporated community located in Rutherford County. The retail landscape in Green Hill primarily caters to the daily needs of its residents and surrounding rural communities. While the area lacks large-scale retail centers, this creates an opportunity for value-driven retailers like Family Dollar to thrive by meeting the demand for essential goods and services. Limited competition and a loyal customer base position Green Hill as a favorable market for Family Dollar.
Investment Highlights
- 2018 Construction
- Minimal Landlord Responsibilities
- Ideal Location positioned between Rutherfordton and Lake Lure
- Strategically located along US-64/74A Highway, a major thoroughfare in Rutherfordton, ensuring high visibility and accessibility.
- Positioned within a thriving area that serves residents, surrounding rural communities, and tourist visiting nearby attractions, Lake Lure and Chimney Rock..
- High traffic counts on US-64/74A, a key connector route for commuters and visitors traveling through Rutherford County.
Exclusively Listed By
Broker of Record
-
Donald Gilchrist
First Vice President Investments
Listing Price: $938,222
Investment Highlights
- 2018 Construction
- Minimal Landlord Responsibilities
- Ideal Location positioned between Rutherfordton and Lake Lure
- Strategically located along US-64/74A Highway, a major thoroughfare in Rutherfordton, ensuring high visibility and accessibility.
- Positioned within a thriving area that serves residents, surrounding rural communities, and tourist visiting nearby attractions, Lake Lure and Chimney Rock..
- High traffic counts on US-64/74A, a key connector route for commuters and visitors traveling through Rutherford County.
Investment Overview
Marcus & Millichap is pleased to present a compelling investment opportunity: a Built-to-Suit Family Dollar property located in Rutherfordton, North Carolina, within the Greenhill community. Constructed in 2018, this property boasts approximately 4.5 years remaining on its initial 11-year lease term. The lease also includes six (6) five-year renewal options, each featuring a 5% rent increase. Notably, these renewal options are automatically exercised unless written notice is provided at least 180 days prior to expiration. The property features an 8,320-square-foot building situated on a 1.58-acre parcel along US Highway 64/74A. ( 5,300 AADT ) This scenic highway serves as a vital corridor, connecting Rutherfordton to popular tourist destinations such as Lake Lure and Chimney Rock before culminating in Asheville. Positioned just 7 miles east of Lake Lure and 5 miles west of Rutherfordton, this strategic location attracts a significant share of the 300,000 annual visitors to Lake Lure, further enhancing its appeal as a prime retail asset. Green Hill, North Carolina, is a picturesque unincorporated community located in Rutherford County. The retail landscape in Green Hill primarily caters to the daily needs of its residents and surrounding rural communities. While the area lacks large-scale retail centers, this creates an opportunity for value-driven retailers like Family Dollar to thrive by meeting the demand for essential goods and services. Limited competition and a loyal customer base position Green Hill as a favorable market for Family Dollar.
Exclusively Listed By
Broker of Record
-
Donald Gilchrist
First Vice President Investments

