Family Dollar - Net Lease Property for Sale
Sandy Ridge, NC
Key Investment Metrics
Price
$795,000
Cap Rate
12.3%
Net Operating Income
$97,675
Building Size
9180 SF
Lot Size
9,180 SF
Land Area
1.71 Acres
Remaining Term
4.5 years
Lease Expiration
01/31/2031
Lease Term
10 years
Lease Commencement
02/01/2021
Lease Type
NN
Tenant Credit
Corporate Guarantee
Year Built
2020
Occupancy
100%
Tenancy
Single
About This Family Dollar Net Lease Property
This Family Dollar NNN (triple net lease) property is located in Sandy Ridge, NC and represents an excellent investment opportunity for commercial real estate investors. The property features 9180 square feet of building space and was built in 2020.
With a cap rate of 12.3%, this Family Dollar net lease property offers stable income potential. The asking price is $795,000, making it an attractive option for 1031 exchange investors seeking quality Family Dollar commercial properties.
Why Invest in Family Dollar NNN Properties?
- Stable Income: Family Dollar net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Family Dollar is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Sandy Ridge, NC Market Overview
Located in Sandy Ridge, NC, this Family Dollar property benefits from strong local demographics and market fundamentals. The Sandy Ridge area offers excellent visibility and accessibility, making it an ideal location for Family Dollar operations and a solid investment for net lease property buyers.