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Family Dollar Tree 420 Kingold Blvd

10,500 SF 100% Leased Retail Building Snow Hill, NC 28580 $1,559,375 ($149/SF) 8% Cap Rate

Investment Highlights

  • 2023 build to suit Family Dollar Tree
  • Corporately guaranteed lease
  • Family Dollar Tree Combo stores have proven 20% higher sales volume than non-co-branded stores
  • ±8.50 years remaining on an initial 10-year lease
  • Rent increases of $5,250 ($0.50 / SF) in all five, 5-year options
  • The subject property comes with a 20-year roof warranty

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
Year Built
2023
Price
$1,559,375
Price Per SF
$149
Cap Rate
8%
NOI
$124,750
Percent Leased
100%
Building Height
1 Story

Nearby Major Retailers

Piggly Wiggly
Hwy 55 Burgers Shakes & Fries
  • Listing ID: 34414246

  • Date on Market: 1/8/2025

  • Last Updated:

  • Address: 420 Kingold Blvd, Snow Hill, NC 28580

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