(Dark) Family Dollar

5000 NC-704, Sandy Ridge, NC 27046

  • For Sale $1,129,000
  • Property Type Retail - Freestanding
  • Property Size 9,180 SF
  • Units 1
  • Lot Size 1.71 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2021
  • Date Updated Sep 17, 2024
Sandy Ridge, North Carolina, is a charming community in Stokes County, known for its picturesque landscapes and welcoming atmosphere. The area is experiencing steady economic growth, with an increasing number of small businesses and retail establishments. The supportive local community and proximity to larger urban centers provide a stable customer base and significant growth potential for commercial ventures. Strategically located near major highways, Sandy Ridge offers excellent transportation and accessibility. The town’s connectivity to larger cities like Winston-Salem and Greensboro ensures a steady flow of visitors and customers from surrounding regions. Well-maintained roads and public transportation options further enhance the area’s accessibility, making it an attractive destination for retail businesses. The business environment in Sandy Ridge benefits from a favorable economic climate and a growing number of local enterprises. The town's strategic location, coupled with a loyal local customer base, creates an ideal setting for commercial retail investments. The community's support for local businesses and the area's growth potential make it a promising location for new ventures. Overall, Sandy Ridge offers a unique blend of rural charm and urban accessibility, making it an ideal location for commercial retail investment. The town's growing economy, excellent transportation links, and supportive business environment create a favorable setting for retail businesses to thrive. With its combination of scenic beauty and strategic location, Sandy Ridge presents a compelling opportunity for investors seeking growth and stability.Exclusive Realty is proud to present a unique investment opportunity in Sandy Ridge, NC. This impressive 9,180 square foot free-standing commercial building offers a reliable income, backed by a stable lease guaranteed by Family Dollar corporate (S&P BBB). Investors can enjoy a secure, hassle-free cash flow for the next seven years, with Family Dollar still responsible for all their obligations under the lease. The building's modern and versatile design suits a variety of retail applications, ensuring long-term relevance in the marketplace. Whether you are an experienced investor or new to commercial real estate, this property is a robust addition to your portfolio. Its strategic location and contemporary design make it a standout asset. For those seeking a low-maintenance investment, this property promises minimal management requirements and sustained profitability. The stable lease and reputable tenant provide peace of mind, allowing investors to benefit from a consistent revenue stream without typical property management headaches.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • High Yield Investment
  • Corporate guarantee
  • Family Dollar has expressed interest in buying out the lease
  • Unique opportunity to collect a 8.65% return for 6.5 years while a new tenant is secured
  • Newer construction built only 4 years ago
  • Family Dollar is still responsible to perform all of their obligations under the lease
  • 10-year roof warranty

Contacts

broker

Sam Wesson

Exclusive Realty

Location

Getting Around

  • Walk Score ®

    28/100 Car-Dependent
  • Bike Score ®

    18/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Sandy Ridge, NC
  • Neighborhood Sandy Ridge
  • Zip Code 27046

Points of Interest

  • Deshazo Mill Access

    7.37 miles

  • Hemlock Golf Course River Access

    8.92 miles

  • Hanging Rock Dan River Access

    9.31 miles

  • Mayodan Access

    9.88 miles

  • Red Top Cafe

    0.09 miles

  • The Ridge Restaurant

    0.19 miles

  • Pinto's Grill

    3.22 miles

  • River Rock Cafe

    8.62 miles

  • Dan River Family Restaurant

    8.67 miles

  • Briggs Grocery

    6.91 miles

  • Danbury General Store

    8.21 miles

  • Hillside Market & Deli

    8.60 miles

  • 89 Farm Market

    8.78 miles

Frequently Asked Questions

How much does (Dark) Family Dollar cost?

The space currently listed for sale at (Dark) Family Dollar asks for $1,129,000.

What is the total square footage of (Dark) Family Dollar?

(Dark) Family Dollar totals 9,180 square feet.

When was this property built?

(Dark) Family Dollar was built in 2021.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Sam Wesson

Exclusive Realty