5469 US 258 - Convenience Store FOR SALE


Farmville, NC 27828
$1,450,000 USD
760-809-3626
5469 US 258, Farmville, NC for Sale
$1,450,000 USD
Convenience Store - FOR SALE
1/7
null | 7.59% Cap Rate

5469 US 258
Farmville, NC 27828


HIGHLIGHTS

  • 8,320 Family Dollar
  • Constructed in 2015
  • 6 Years Remain on Primary Lease Term
  • 10-Year NN Lease - Landlord Responsible for Roof and Structure
  • Six 5-Year Options
  • 10% Increases Every 5 Years

OVERVIEW

Introducing a prime Family Dollar retail investment opportunity located at 5469 U.S. Highway 258, Farmville, NC. This impeccably maintained 8,320 SF, single-tenant investment, constructed in 2015, is fully leased to Family Dollar on a 10-year NN lease (6 years remaining) with six 5-year options and 10% rent increases every 5 years.  With a starting CAP rate of 7.59%, increasing to 7.80% in 2026, this property offers a compelling investment proposition.  Strategically situated at the intersection of Interstate 587 and Highway 258, this high-traffic location ensures maximum visibility for the tenant and proximity to major retailers such as McDonalds, Bojangles, and Food Lion. The nearest Walmart Center is 14.9 miles away, making Family Dollar a preferred stop forfood, sundries, and other daily needs.   Don't miss out on this turnkey investment with 100% occupancy and a top-tier national tenant.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$174 USD /SF

CAP RATE

7.59%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

Commercial - Retail

APN/PARCEL ID

082578

ASK ABOUT THIS PROPERTY

Craig StewartACRE Investment Real Estate ServicesMore Info
760-809-3626

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Craig StewartACRE Investment Real Estate ServicesMore Info
760-809-3626

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