Rare 15.74% Rent Increase at next Option (January, 2027). Annual NN+ Income $75,835 with 7.75 Cap. There are (4) 5-Year Options on this proven producer. This is a larger format built to suit store with 9,180 sq. ft. and it has been upgraded by Family Dollar twice since it was built, showing the tenant's commitment to this site. It is an H2 format which provides a better customer offering than standard Family Dollar stores.
Candor is a growing community with a stable employed demographic. Serveral industries provide work with an average income of $56,181, and it is the long -time host of the North Carolina Peach Festival which draws crowds of over 8,000 visitors annually.
The Landlord has maintained the properlty with roof improvements in 2022 and parking lot sealing and stripping in 2024.
This property is being sold by the principal, but commissions for buyer-side brokers will be negotiated.