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    OFF-MARKET
    Retail properties & Spaces

    13881 Nc-55, Bayboro, NC 28515

    8,320 SF 1.05 ac lot Built 2014
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2014
    Total area 8,320 SF
    Lot 1.05 ac (45,738 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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