FAMILY DOLLAR | CHARLOTTE, NORTH CAROLINA
INVESTMENT SUMMARY
Purchase Price
$2,083,660
Location
3618 Beatties Ford Rd
Cap Rate
6.75%
Annual Rent
$140,647.08
Building Size
8,320 SF
Land Area
1.07 Acres
Ownership
Fee Simple
Lease Type
NNN
Term Remainning
10.50 Years
LEASE EXPIRATION
12/31/2036
Renewal Options
RENT INCREASES
10% at Options
Parking
34 Spaces
Year Built
2018
APN
04108218
Traffic Counts
29,474 VPD
INVESTMENT HIGHLIGHTS
FAMILY DOLLAR CORPORATE LEASE:
- Approximately 10.25 Years of Guaranteed Lease Term Remaining (Lease Exp: December 2036)
- 2018 Construction - Build-to-Suit Family Dollar
- 8,320 SF Building | 1.07 Acre Parcel
- Six (6) - Five (5) Year Option Periods with 10% Rental Increases
ABSOLUTE NNN LEASE:
- Absolute NNN Lease with ZERO Management Responsibilities
- Tenant Pays for ALL Operating Expenses, Insurance & Reimburses Property Taxes
RECENT LEASE EXTENSION:
- In July 2026, Family Dollar Extended the Lease for an Additional 5 Years Through December 31, 2036 - Further Signifying Their Long-Term Commitment to this Location
PROXIMITY FROM CHARLOTTE, NORTH CAROLINA:
- Greensboro, NC | 92 Miles
- Greenville, SC | 103 Miles
- Raleigh, NC | 150 Miles
- Wilmington, NC | 207 Miles
- Charleston, SC | 212 Miles
- Knoxville, TN | 234 Miles
- Savannah, GA | 243 Miles
- Atlanta, GA | 245 Miles
TRADE AREA DEMOGRAPHICS:
- 1-Mile Population: 6,155 Residents
- 1-Mile Average Household Income: $73,089
- 3-Mile Population: 62,604 Residents
- 3-Mile Average Household Income: $86,018
- 5-Mile Population: 235,072 Residents
- 5-Mile Average Household Income: $114,652
- 7-Mile Population: 425,656 Residents
- 7-Mile Average Household Income: $127,866

