13881 Nc-55 Bayboro, NC 28515

This exceptional investment opportunity presents a single-tenant, net-leased Family Dollar store located at 13881 NC-55, Bayboro, NC 28515. Built in 2014, this 8,320 square foot building sits on a 1.05-acre lot and offers 38 parking spaces. The property boasts a strong 8.25% cap rate with a current NOI of $92,000. The lease, commenced August 1, 2016, has a remaining term of approximately 0.4 years, with five 5-year renewal options, each including a 10% rent increase. The tenant, Family Dollar, is backed by a corporate guarantee, ensuring consistent income. The property is 100% occupied and zoned for commercial use. This prime location in Pamlico County benefits from high visibility and proximity to national retailers such as ExxonMobil, Walmart, McDonald's, and Ace Hardware. The average household income within a 5-mile radius exceeds $70,000 annually. This is a rare opportunity to acquire a well-maintained, high-performing retail property with significant upside potential. The asking price is $1,115,152.