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30 Us Highway 158
Roanoke Rapids, NC 27870

8.0% Cap Rate - Family Dollar · Retail Property For Sale

Investment Highlights

  • Newly Remodeled Store & Recent Option Extension - Family Dollar recently remodeled their store and executed an option extension proving commitment
  • Popular Family Dollar State - North Carolina is the Fourth Most Popular State for Family Dollar Locations: with 445 North Carolina locations
  • Corporate Guaranty From Investment Grade Tenant - Family Dollar (Owned by parent company Dollar Tree) has a Market Cap of $37.37B (NASDAQ: DLTR)
  • 10% Rental Increases Each 5-Year Option - NN lease with limited LL responsibilities | 10% rent increases during each option period
  • Located in Well-Trafficked Corridor - Located along the intersection of E Littleton Road and Roanoke Avenue, this location has exposure to 17,194 ADT
  • Proximity to Buzzing Retail Area & Top Performing Walmart - Farm Fresh Disposition (Farmers Market, averages 146.2k/mo visitors) & Walmart Supercenter

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,223 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.86 AC
Zoning
B-4 - Discount Stores & Jr. Dept Stores

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-05678
Land Assessment
$100,920
Improvements Assessment
$511,600
Total Assessment
$612,520
  • Listing ID: 26213427

  • Date on Market: 7/20/2022

  • Last Updated:

  • Address: 30 Us Highway 158, Roanoke Rapids, NC 27870

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