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FAMILY DOLLAR 8293 NC Highway 87

8,000 SF Retail Building Reidsville, NC 27320 $1,453,831 CAD ($182 CAD/SF) 8.75% Cap Rate

Retail Buildings North Carolina Reidsville 8293 NC Highway 87, Reidsville, NC 27320

Investment Highlights

  • Long-Term Occupancy – Tenant has been at the site since 2011 and has executed lease extensions
  • Multiple Options Remaining – Family Dollar has 5 options of 5 years each remaining
  • Strategically Located – Property is located in front of Rockingham County HS (950+ Students)
  • Replaceable Rent – Tenant is paying a very replaceable rent of $11.00/PSF
  • Minimal Landlord Responsibilities – Landlord only responsible for major capital replacements
  • Greensboro MSA – ±20 miles from downtown Greensboro, the third largest city in North Carolina

Executive Summary

Kyle Matthews
License No. C38369 (NC)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
B
Year Built
2011
Price
$1,453,831 CAD
Price Per SF
$182 CAD
Cap Rate
8.75%
NOI
$127,210 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.90 AC
Zoning
Commercial

Links

1 of 1

PROPERTY TAXES

Parcel Number 139634 Improvements Assessment $958,233 CAD
Land Assessment $168,332 CAD Total Assessment $1,126,565 CAD

PROPERTY TAXES

Parcel Number
139634
Land Assessment
$168,332 CAD
Improvements Assessment
$958,233 CAD
Total Assessment
$1,126,565 CAD
(615) 206-7703

Contacts

  • Listing ID: 34245441

  • Date on Market: 2024-12-19

  • Last Updated:

  • Address: 8293 NC Highway 87, Reidsville, NC 27320

The Retail Property at 8293 NC Highway 87, Reidsville, NC 27320 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

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FAMILY DOLLAR | 8293 NC Highway 87
(615) 206-7703 x

FAMILY DOLLAR | 8293 NC Highway 87

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Brayden Conner

(615) 206-7703

(615) 206-7703

Clay Smith

(214) 692-2216

(214) 692-2216

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