Multi-Tenant    

Family Dollar

 Yanceyville, NC

Asking Price

$965,000

Cap Rate

11.00%

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Best-in-Class Tenant

8,000+ Stores

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Year Built

2014

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Ownership Interest

Fee Simple

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Avg HHI

$79,307

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Square Feet

8,320 SF

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Best-in-Class Tenant | Family Dollar is one of the nation’s largest chains of dollar stores and has been in operation for 65+ years. Family Dollar operates more than 8,000 locations across the United States.
  • Investment Grade Parent Company | In 2015, Dollar Tree, Inc. completed the acquisition of Family Dollar, making it the largest discount retailer by store count in North America. As of 1/31/2024, parent company Dollar Tree, Inc. reported $30.6 billion in total revenues and currently holds an investment grade S&P credit rating of BBB/Stable.
  • Strong Store Operating History | Family Dollar has operated at this location for 10+ years and has recently extended the lease, showing a commitment to the site.
  • Build-to-Suit Construction | The Property is a 2014 build-to-suit for Family Dollar, with strategic site selection as a relocation store.
  • Low Rent PSF | The Property features a low rent PSF of $12.74, allowing investors the opportunity to acquire an asset with high residual value in the event of any future vacancy
  • Signalized Hard Corner with Great Access and Visibility | The Property is located on a signalized hard corner with frontage on U.S Highway 158, a critical route that connects the northern counties of North Carolina.
  • Centralized Location | The property is centrally located within Yanceyville, across from all the Caswell County department and services buildings, and 1-mile away from Piedmont Community College Caswell Campus.

Exclusively Listed By

Joshua Pardue, CCIM

Senior Vice President
  jpardue@northmarq.com      646.841.0631

Edward Harari

Investment Analyst
  eharari@northmarq.com      646.845.8420

In Association With
Shaan Dadlani

NC License #312540

Northmarq

120 West 45th Street, Suite 2610
New York, NY 10036


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