Family Dollar | 1257 Goldrock Rd
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Family Dollar 1257 Goldrock Rd
8,320 SF Retail Building Rocky Mount, NC 27804 $1,300,000 ($156/SF) 8.01% Cap Rate
Investment Highlights
- Recent 5-year lease extension demonstrating Family Dollar’s commitment to this location
- Family Dollar is a wholly owned subsidiary of Dollar Tree (S&P: BBB)
- Ranked 68% in North Carolina and 86% within a 30-mile radius on Placer.ai
- 10% rental increases every 5 years
- Long-term operating history at this location (2014)
- Over 45,000 people live within 5-miles
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
8,320 SF
Building Class
B
Year Built
2014
Price
$1,300,000
Price Per SF
$156
Cap Rate
8.01%
NOI
$104,135
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.20 AC
PROPERTY TAXES
| Parcel Number | 3852-18-31-4051 | Improvements Assessment | $51,670 |
| Land Assessment | $203,490 | Total Assessment | $255,160 |
PROPERTY TAXES
Parcel Number
3852-18-31-4051
Land Assessment
$203,490
Improvements Assessment
$51,670
Total Assessment
$255,160
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Family Dollar | 1257 Goldrock Rd
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