Family Dollar
108 Culp Rd,
Richfield, NC 28137
 
$2,100,000
Offering Price
$134,500
NOI
6.40%
Cap Rate
$200
Price Per SF
10,500
Building SF
Single
Tenancy
Previous
Next
$2,100,000
Offering Price
$134,500
NOI
6.40%
Cap Rate
$200
Price Per SF
10,500
Building SF
Single
Tenancy
Property Overview
Investment opportunity in Richfield, NC—a newly constructed Family Dollar/Dollar Tree Combo Store. This property offers a stable investment with the initial lease extending until October 2032, coupled with six five-year renewal options.This opportunity provides the new owner with stable cash flow from an investment grade tenant. The landlord's responsibilities include the maintenance of both the roof and structure. However, the roof/structure come with a twenty-year warranty, providing additional assurance.
Stanly County
Stanly County is committed to economic development, low cost of doing business, and lucrative incentives make it easy to relocate and expand in Stanly County. Stanly County match these advantages with a seasoned workforce, tightly networked business community, and convenient access to the Carolinas. Located just 30 minutes east of Charlotte, the nation’s 17th largest city, Stanly County puts you less than 90 minutes from the Piedmont Triad and two hours from Raleigh-Durham.
Richfield, NC
Richfield, NC is a small town located in Stanly County, North Carolina. It is known for its peaceful and close-knit community, offering a serene environment for residents and visitors. Two miles north of Richfield is Pfeiffer University. Pfeiffer University is a private liberal arts institution that plays a significant role in the town's identity and economy. The university brings a youthful energy to the area and offers educational opportunities for local students.
Investment opportunities primarily focus on real estate, particularly properties that cater to the university community, such as rental housing or businesses that cater to the needs of students and faculty.
FOR MORE DETAILS CONTACT
Jim Pryor
Managing Partner
(704) 620-8745
jim@ardorcre.com
NC 300373 SC 105555
Thomas Lewis
Multi-Family Advisor
(980) 347-9229
tlewis@ardorcre.com
339469
Jack McDermott
Multi-Family Advisor
(704) 420-4031
jmcdermott@ardorcre.com
NC#322616
Copyright ©
CREOP
, LLC. All Rights Reserved.