Family Dollar Tree | 420 Kingold Blvd
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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
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
1 of 3
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Family Dollar Tree | 420 Kingold Blvd
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