Family Dollar - Net Lease Property for Sale
Sunbury, NC
Key Investment Metrics
Price
$987,500
Cap Rate
8.0%
Net Operating Income
$79,000
Building Size
8912 SF
Lot Size
8,912 SF
Land Area
1.53 Acres
Remaining Term
5 years
Lease Expiration
01/31/2031
Lease Term
15 years
Lease Commencement
02/01/2011
Lease Type
NN
Tenant Credit
Corporate Guarantee
Year Built
2011
Occupancy
100%
Tenancy
Single
Rent Increases
10% in 2028; 10% Every 5 Years Thereafter
About This Family Dollar Net Lease Property
This Family Dollar NNN (triple net lease) property is located in Sunbury, NC and represents an excellent investment opportunity for commercial real estate investors. The property features 8912 square feet of building space and was built in 2011.
With a cap rate of 8.0%, this Family Dollar net lease property offers stable income potential. The asking price is $987,500, 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.
Sunbury, NC Market Overview
Located in Sunbury, NC, this Family Dollar property benefits from strong local demographics and market fundamentals. The Sunbury area offers excellent visibility and accessibility, making it an ideal location for Family Dollar operations and a solid investment for net lease property buyers.