Family Dollar | 1414 E Andrews Ave
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Family Dollar 1414 E Andrews Ave
10,000 SF Retail Building Henderson, NC 27536 $1,897,000 ($190/SF) 7.25% Cap Rate
Investment Highlights
- Great access and visibility from E Andrews Ave & US 1 Bypass | 29,000 VPD
- Corporate lease | Family Dollar Stores of NC, Inc. | 444 locations across North Carolina
- Long operating history | Leased since 2014
- Across E Andrews Ave from Cardinal Plaza | Food Lion-anchored grocery center
- Investment grade credit | Baa2/BBB
- Large parcel | 2.31 acres
Executive Summary
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Family Dollar in Henderson, NC. We welcome your review of this attractive investment.
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Building Class
C
Year Built
2015
Price
$1,897,000
Price Per SF
$190
Cap Rate
7.25%
NOI
$137,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.31 AC
Zoning
HB4 - Highway Business
Parking
40 Spaces (4 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0083-02002 | Improvements Assessment | $1,283,766 |
| Land Assessment | $247,192 | Total Assessment | $1,530,958 |
PROPERTY TAXES
Parcel Number
0083-02002
Land Assessment
$247,192
Improvements Assessment
$1,283,766
Total Assessment
$1,530,958
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Family Dollar | 1414 E Andrews Ave
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