1054 Nc-86, Blanch, NC 27379
This exceptional investment opportunity presents a fee-simple interest in an 8,320-square-foot Family Dollar store in Yanceyville, North Carolina. Built in 2014 as a build-to-suit, this freestanding retail building sits on a 1.25-acre lot with 42 parking spaces and enjoys a prominent location on a signalized corner of Highway 86. The property boasts a strong 10.98% cap rate, generating a net operating income (NOI) of $106,000. The current lease, with a corporate guarantee from Dollar Tree, Inc. (parent company of Family Dollar), runs until September 30, 2025, with five 5-year renewal options, each including a 10% rent increase. Family Dollar has occupied the property since October 30, 2013, demonstrating a long-term commitment to the location. The property's asking price is $965,000. Dollar Tree, Inc. reported $30.6 billion in total revenue as of January 31, 2024, and holds an investment-grade S&P credit rating of BBB/Stable. The property's central location in Yanceyville, near county services and Piedmont Community College, further enhances its value. This is a rare opportunity to acquire a well-performing, net-leased retail property with a strong tenant and significant upside potential. The property's APN is 0068.00.00.0091.0000. The permitted zoning is Commercial.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.