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Freestanding Family Dollar Grocery Store
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105 Peru Road, Morven, NC 28119

Located at the Highway 52 and Peru Road intersection in Morven, North Carolina.

Property SizeContact for details
Lot Size1.35 Acres
Days on Market143

Property Features for 105 Peru Road

General Information

Standard status Active
Lot size 1.35 Acres
Property subtype Retail

Site & Location

Corner Location Yes
Highway Access Yes

Building Details

Tenancy Single
Listing Agency: Marcus & Millichap - Atlanta
Listed By: Robby Pfeiffer · License #GA 380053
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Atlanta

Investment Insights

Based on property information with market context.

This freestanding grocery and convenience store property is occupied by Family Dollar and situated on a 1.35+/- acre parcel. The building operates under a 10-year NN lease with five 5-year renewal options, each providing for a 10% rent increase at the start of the option period.

The property occupies the corner of Highway 52 and Peru Road in Morven, NC, just north of the North Carolina/South Carolina border. The lease is structured as double net, with the tenant responsible for CAM and HVAC expenses and reimbursing taxes and insurance. That arrangement limits the landlord’s ongoing property responsibilities to the obligations specified in the lease.

Key Highlights

  • Freestanding Family Dollar grocery and convenience store
  • 1.35+/- acre corner parcel
  • Located at Highway 52 and Peru Road

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Auto Repair Shop Garden Center Bakery Carpet & Flooring Store Real Estate Agency Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
2,700 visits/mo 0.1 miles

Demographics for 28119, NC

2,044
Population
1,306
Households
1.6
Avg Household Size
46
Median Age
6%
College-Educated
80%
High-School Grad
66.9 sq mi
ZIP Area
31
Density / Sq Mi
$38,444
Median Household Income
$23,476
Median Earnings
$858
Median Rent
$100,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Located at the Highway 52 and Peru Road intersection in Morven, North Carolina.
Where is this grocery and convenience store located?
The property is located at 105 Peru Road Morven, NC.
What are key features of this property?
This property features: Freestanding Family Dollar grocery and convenience store; 1.35+/- acre corner parcel; Located at Highway 52 and Peru Road
More about this property
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