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Family Dollar 109-71 Carolina St

9,120 SF Retail Building Maxton, NC 28364 $990,000 ($109/SF) 10% Cap Rate

Retail Buildings North Carolina Maxton 109-71 Carolina St, Maxton, NC 28364

INVESTMENT HIGHLIGHTS

  • Strong commitment to area | Family Dollar exercised the 1st of 5 options in the summer of 2023
  • Investment grade credit | Baa2/BBB
  • Long operating history & leased since 2014
  • Corporate lease | Family Dollar Stores of NC, Inc. | 444 locations across North Carolina
  • Adjacent to Piggly Wiggly | 23,580K SF of retail space
  • Large industrial presence nearby bringing in a large amount of daytime workers to the area | 1.8M SF of space within a 3-mile radius

EXECUTIVE SUMMARY

Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Family Dollar in Maxton, NC. We welcome your review of this attractive investment.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,120 SF
Year Built
2013
Price
$990,000
Price Per SF
$109
Cap Rate
10%
NOI
$99,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.88 AC
Zoning
Commercial - Commercial
Parking
34 Spaces (3.73 Spaces per 1,000 SF Leased)

AMENITIES

  • Air Conditioning

LINKS

1 of 1

NEARBY MAJOR RETAILERS

Piggly Wiggly
Food Lion

PROPERTY TAXES

Parcel Number 3306-02-033 Improvements Assessment $401,000
Land Assessment $126,500 Total Assessment $527,500

PROPERTY TAXES

Parcel Number
3306-02-033
Land Assessment
$126,500
Improvements Assessment
$401,000
Total Assessment
$527,500
(704) 379-1985

CONTACTS

  • Listing ID: 32771977

  • Date on Market: 8/12/2024

  • Last Updated:

  • Address: 109-71 Carolina St, Maxton, NC 28364

More public record information on 109-71 Carolina St, Maxton, NC 28364

The Retail Property at 109-71 Carolina St, Maxton, NC 28364 is currently available for sale. Contact Berkeley Capital Advisors for more information.

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Family Dollar | 109-71 Carolina St
(704) 379-1985 x

Family Dollar | 109-71 Carolina St

1/3

Ransome Foose

(704) 379-1985

(704) 379-1985

Carl Brendes

(704) 714-2363

(704) 714-2363

Jake Zapata

(210) 587-5388

(210) 587-5388

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