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108 Culp Rd
Richfield, NC 28137

$1,482,833 USD

General Retail For Sale  •  10,260 SF

Property Details

  • Property Type General Retail
  • Total Building Size 10,260 SF
  • Lot Size 2.09 AC
  • Building Class B
  • Year Built 2020
  • Cap Rate 9.00 %
  • Tenancy Multiple
  • Zoning N-B
30 Walk Score

Highlights

2022 build to suit Family Dollar
±7 years remaining on an initial 10-year lease
Corporately guaranteed lease
Rent increases of $5,250 ($0.50 / SF) in all five, 5-year options
10-mile population of ±45,078 residents
Cap Rate: 9.00 %

Public Transportation

AirportDriveWalkDistance
Concord-Padgett Regional 48 min - 31.8 mi
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services