108 Culp Rd - Retail FOR SALE


Richfield, NC 28137
$1,482,833 USD
214-692-2289
108 Culp Rd, Richfield, NC for Sale
$1,482,833 USD
Retail - FOR SALE
1/3
null | 9% Cap Rate

108 Culp Rd
Richfield, NC 28137


HIGHLIGHTS

  • 2022 build to suit Family Dollar
  • ±7 years remaining on an initial 10-year lease
  • Corporately guaranteed lease
  • Rent increases of $5,250 ($0.50 / SF) in all five, 5-year options
  • 10-mile population of ±45,078 residents

OVERVIEW

Broker of Record Gerard Hamas Broker Lic. No.: 362768 (NC) Firm Lic. No.: C42113 (NC) Matthews Real Estate Investment Services, Inc 1600 West End Ave, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,482,833 USD

PRICE/SF

$145 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.09 AC

LAND SF

91,040 SF

ZONING

N-B

APN/PARCEL ID

6622-01-29-0567

ASK ABOUT THIS PROPERTY

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.