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Family Dollar 1414 E Andrews Ave
10,000 SF Retail Building Henderson, NC 27536 £1,520,446 (£152/SF) 7.25% Net Initial Yield
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
Property Facts
Amenities
- Signage
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Retailer
- 10,000 SF
- -
- Double Net
- Sep 2029
Family Dollar is a place to shop when it comes to delivering quality and value on family essentials in a convenient location. Their stores are conveniently located in neighborhoods, and often in "food deserts" where other stores choose not to locate, providing a convenient, close-to-home option where customers can shop for essentials. By locating stores in places where others won’t, Family Dollar is improving the affordability and availability of essential goods. They are saving their customers time and money and helping them do more, even on a tight budget. Their Family Dollar stores focus on delivering top value for family essentials. They offer competitively-priced national brands from leading manufacturers alongside brand-name, equivalent-value, lower-priced private labels. Their aisles are stocked with food and beverages, paper products, health & beauty supplies, pet food, home products, apparel and accessories, etc.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Retailer | 10,000 SF | - | Double Net | Sep 2029 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0083-02002 | Improvements Assessment | £1,028,938 |
| Land Assessment | £198,124 | Total Assessment | £1,227,063 |
PROPERTY TAXES
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Family Dollar | 1414 E Andrews Ave
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