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Family Dollar Tree 108 Culp Rd

10,500 SF Retail Building Richfield, NC 28137 $1,668,188 ($159/SF) 8% Cap Rate

Retail Space North Carolina Richfield 108 Culp Rd, Richfield, NC 28137

Investment Highlights

  • 2022 build to suit Family Dollar Tree
  • Corporately guaranteed lease
  • 10-mile population of ±45,078 residents
  • ±7.75 years remaining on an initial 10-year lease
  • Rent increases of $5,250 ($0.50 / SF) in all five, 5-year options
  • Family Dollar Tree Combo stores have proven 20% higher sales volume than non-co-branded stores

Executive Summary

BROKER OF RECORD
KYLE MATTHEWS
LIC # C38369 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
10,500 SF
Building Class
B
Year Built
2022
Price
$1,668,188
Price Per SF
$159
Cap Rate
8%
NOI
$133,455
Tenancy
Single
Building Height
1 Story

Links

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Nearby Major Retailers

First Bank NC
Food Lion
(214) 692-2289

Contact

  • Listing ID: 34414479

  • Date on Market: 1/8/2025

  • Last Updated:

  • Address: 108 Culp Rd, Richfield, NC 28137

The Retail Property at 108 Culp Rd, Richfield, NC 28137 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Family Dollar Tree | 108 Culp Rd
(214) 692-2289 x

Family Dollar Tree | 108 Culp Rd

Josh Bishop

(214) 692-2289

(214) 692-2289

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