224 E Kornegay St - Storefront FOR SALE


Dover, NC 28526
$1,067,000 USD
919-737-5742
224 E Kornegay St, Dover, NC for Sale
$1,067,000 USD
Storefront - FOR SALE
1/1
null | 8% Cap Rate

224 E Kornegay St
Dover, NC 28526


OVERVIEW

Prime Retail Investment – Long-Term NN Lease with Family Dollar This retail property is securely leased to Family Dollar. The lease extends through May 31, 2029, with six additional five-year extension options, ensuring long- term stability. As a double-net (NN) leased property, this investment offers minimal landlord responsibilities, making it a hassle-free opportunity for investors seeking passive income. Closest competitor located approximately 10.5 miles West.

FOR SALE DETAILS

PRICE

$1,067,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

Commercial

APN/PARCEL ID

3-D-06-048

ASK ABOUT THIS PROPERTY

Hershal PleasantTriangle Commercial Real EstateMore Info
919-737-5742

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Hershal PleasantTriangle Commercial Real EstateMore Info
919-737-5742

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