Investment Opportunity - Family Dollar, NC
Strategically located directly off Interstate 85 with exposure to more than 169,000 vehicles per day, providing exceptional visibility and long-term retail positioning within one of Charlotte’s busiest commercial corridors
Long-term NN investment featuring a recently executed 5-year lease extension with 2 additional 5-year renewal options, offering investors stable cash flow and long-term income security
Built-in 10% rental increases throughout the option periods create consistent NOI growth while helping hedge against inflation and increasing long-term asset value
Positioned less than 4 miles from Downtown Charlotte and surrounded by nationally recognized retailers, including Walmart Supercenter, ALDI, Food Lion, Planet Fitness, McDonald’s, QuikTrip, and additional high-traffic national brands
Strong demographics within a 5-mile radius include more than 201,900 residents, approximately 174,000 employees, and an average household income exceeding $104,000, supporting sustained retail demand and consumer spending
Attractive passive investment opportunity with limited landlord responsibilities under the NN lease structure, where the tenant covers CAM, taxes, insurance, and the majority of property maintenance expenses
Location
4130 Rozzelles Ferry Road, Charlotte, North Carolina
More Details - Portfolio
NOI:
Cap Rate:
Leasable Area:
Lot Size:
Year Built:
Tenants:
Term:
Renewal Options:
Rent Increases:
$121,503
8.25%
8,537 sf
0,95 Acres
2000
Family Dollar
12/2012 - 6/2030
Two, 5-yr options
10% Increases at Beg. of EachOption
