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8293 NC Highway 87, Reidsville, NC, 27320

Family Dollar
$1,100,000

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Highlights

INVESTMENT HIGHLIGHTS

  • Long-Term Occupancy – Tenant has been at the site since 2011 and has executed lease extensions
  • Replaceable Rent – Tenant is paying a very replaceable rent of $11.00/PSF
  • Multiple Options Remaining – Family Dollar has 5 options of 5 years each remaining
  • Minimal Landlord Responsibilities – Landlord only responsible for major capital replacements
  • Strategically Located – Property is located in front of Rockingham County HS (950+ Students) & across the street from Rockingham County Judicial Center which houses several county offices (Sheriff, Fire Marshall, Court System and Animal Control)
  • Essential Retailer – Family Dollar is an essential retailer, offering everyday items, groceries, and household products at affordable prices. Family Dollar has demonstrated resilience, even during economic downturns, making it a reliable investment choice.
  • Greensboro MSA – ±20 miles from downtown Greensboro, the third largest city in North Carolina

Location

Agents

Broker of Record

Brian Brockman

License # C28862 (NC)
Bang Realty- North Carolina, inc.
1600 West End, Ste. 1500 Nashville, TN 37203

Key Information

Cap Rate
8%
Tot. SF
8,000
Year Built
2011
Term Remaining
±1 YRS
Type
Retail
NOI
$88,000