Family Dollar Charlotte North Carolina MSA

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Property Description

It's a great opportunity to get a solid investment in a town outside the largest and fastest growing city in North Carolina.This new construction, relocation store is located in a strong and proven Family Dollar market. Kershaw, South Carolina is located in the Charlotte-Concord-Gastonia, NC/SC Metropolitan Statistical Area (pop. 2,583,956 2015 census) and is an ideal demographic for a Family Dollar store to thrive. It is a perfect 1031 Exchange Property - store is open and ready for business. It has a Corporately Guaranteed 15 year NNN Lease with no landlord responsibilities. 

This three sided masonry, new construction Family Dollar is located on a large lot - over 2 acres - on Hamel Street recently renamed from South Street to Hamel Street. Excellent National Tenant-Family Dollar.

Purchase Price: 1,575,086
Annual Rent: $100,018 annually
Cap Rate: 6.35%
Rent Escalations 10% at year 11
Term: 15 years
Expenses: NNN
LL Responsibilities: None
Options: Six 5 year options
Lot Size 2.01 acres


Family Dollar Charlotte North Carolina MSA

119 Hamel Street, Kershaw, SC 29067


 Jesse Long


Office Phone: 843.408.0858

Fax: 843.414.5209

 Catherine Vaughn


Office Phone: 843.408.0858 Ext: 1

Mobile Phone: 843-437-7310

Fax: 843.414.5209

Transaction Type: Sale

Property Type: Retail

Available Space: 8,320 SF

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  Marketing Packet Kershaw SC Family Dollar