Family Dollar for Sale in Enfield, NC
Enfield, NC
Key Investment Metrics
Price
$1,285,200
Cap Rate
8.8%
Net Operating Income
$112,455
Building Size
10500 SF
Remaining Term
6 years
Lease Expiration
10/31/2031
Lease Term
10.0 years
Lease Commencement
11/01/2021
Lease Type
NN+
Tenant Credit
Corporate Guarantee
Year Built
2021
Tenancy
Single
Rent Increases
$5,250 ($0.50 / SF) in options
AI illustration · Not the listed propertyProperty overview
Family Dollar in Enfield
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 10,500 SF
- Year built
- 2021
- Lease type
- NN+
- Lease expiration
- 10/31/2031
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.