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FAMILY DOLLAR 8293 NC Highway 87

8,000 SF Retail Building Reidsville, NC 27320 £800,066 (£100/SF) 8.75% Net Initial Yield

Investment Highlights

  • Long-Term Occupancy – Tenant has been at the site since 2011 and has executed lease extensions
  • Multiple Options Remaining – Family Dollar has 5 options of 5 years each remaining
  • Strategically Located – Property is located in front of Rockingham County HS (950+ Students)
  • Replaceable Rent – Tenant is paying a very replaceable rent of $11.00/PSF
  • Minimal Landlord Responsibilities – Landlord only responsible for major capital replacements
  • Greensboro MSA – ±20 miles from downtown Greensboro, the third largest city in North Carolina

Executive Summary

Kyle Matthews
License No. C38369 (NC)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
B
Year Built
2011
Price
£800,066
Price Per SF
£100
Net Initial Yield
8.75%
NOI
£70,006
Tenancy
Single
Number of Floors
1
Building FAR
0.20
Lot Size
0.90 AC
Zoning
Commercial

Links

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PROPERTY TAXES

Parcel Number 139634 Improvements Assessment £532,607
Land Assessment £93,563 Total Assessment £626,170

PROPERTY TAXES

Parcel Number
139634
Land Assessment
£93,563
Improvements Assessment
£532,607
Total Assessment
£626,170
(615) 206-7703

Contacts

  • Listing ID: 34245441

  • Date on Market: 19/12/2024

  • Last Updated:

  • Address: 8293 NC Highway 87, Reidsville, NC 27320

The Retail Property at 8293 NC Highway 87, Reidsville, NC 27320 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

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FAMILY DOLLAR | 8293 NC Highway 87
(615) 206-7703 x

FAMILY DOLLAR | 8293 NC Highway 87

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Brayden Conner

(615) 206-7703

(615) 206-7703

Clay Smith

(214) 692-2216

(214) 692-2216

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