$1,875,000
Currituck, NC 27929
MLS# 100449146
10532 sqft
1 / 25
Property Description
Recently constructed in 2022, this 10,532 square foot building on 2 acres was the home of a Family Dollar Dollar Tree that recently switched to Dollar Tree when DT sold FD. Initial term of lease runs until Dec 2032 $134,925/yr rent NNN makes it a 7.196% cap rate. 5, 5 year options remain after 2032 with a $0.50 per sq ft bump every 5 years. Large +/- 8,500 sq ft retail floor, 2 restrooms, office, and warehouse/storage in the rear. LED lighting, 4 Carrier HVAC units with Natural Gas, sprinkler system for landscaping, dumpster corral, pylon sign, LED parking lot lights, metal roof. Turnkey opportunity for a business to owner occupy.
Details
Maps
Building/Ext Features
# of Parking Spaces: 37
# of Units: 1
Lot Acres: 2
Lot SqFt: 87120
Lot Dimensions: see plans
SqFt - Apx Total: 10532
SqFt - Total Available: 10532
SqFt - Retail/Display: 8500
Location Type: Mainland
Contract Info
Available Date: 2024-06-07
Delayed Marketing?: No
Garage: N/A
Sale/Lease: Sale
List Price/SqFt: 178.03
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2024-06-07
Listing Price: 1875000
Current Price: $1,875,000
Location Information
City Limits: Yes
Marketing City: Currituck
Street #: 100
Street Name: Gardner Farm
Street Suffix: Lane
County: Currituck
State/Province: NC
Zip Code: 27929
Subdivision: N/A
Geo Lat: 36.450119
Geo Lon: -76.020555
Remarks and Showing
Sign on Property: No
Directions to Property: On Highway 168 next to Farm Bureau, across the street from Currituck Courthouse and McDonalds.
Building Info
New Construction: No
Legal and Taxes
Tax Assessed Value: 993000
Total City Real Estate Property Tax: 4766.4
Deed Book: 1698
Deed Page: 104
Legal: Warranty Deed
Broker Owner: No
PID: 0050000125B0000
Tax Identifier: 0050000125b0000
Plat Book: R
Plat Page: 239
Total Real Estate Property Taxes: 4766.4
Special Assessments: 0
Tax Year: 2024
Zoning: GB
Cobra Zone: No
Year Built: 2022
Business Type
Retail: 1
Commercial: 1
Current Use
Commercial: 1
Attic
None: 1
Basement
None: 1
C & I Features
ADA Compliant: 1
Storage Inside: 1
Construction
Block: 1
Steel Frame: 1
Exterior Finish
Block: 1
Glass: 1
Stucco: 1
Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Foundation
Slab: 1
Flooring
Concrete: 1
Fuel Tank
None: 1
Green Bldg Features
LED Lighting: 1
Parking Features
Asphalt: 1
Lighted: 1
Off Street: 1
Paved: 1
Sale/Lease Includes
Buildings: 1
Land: 1
Roof
Insulated: 1
Metal: 1
Lot Description
Corner Lot: 1
Level: 1
Road Type/Frontage
4+ Lanes: 1
Public (City/Cty/St): 1
Road/Trans Access
Airport: 6 - 10 Miles
County Highway: Less than 5 Miles
Interstate: 16+ Miles
Port: 16+ Miles
Rail: 6 - 10 Miles
State Highway: Less than 5 Miles
Cooling
Central Air: 1
Location
Gen Bus District: 1
Heating
Gas Pack: 1
Heat Pump: 1
Heating System Fuel Source
Natural Gas: 1
Water Heater
Electric: 1
Utilities
Natural Gas Connected: 1
Water Source
Public: 1
Sewer
Private Sewer: 1
Septic Tank: 1
Financial Info
Net Operating Income: 134925
Real Estate Taxes: 4766.4
Lease Types
NNN: 1
BuildingExt Features
SqFt - Heated (Primary): 10532
Property Features
Business Type: Retail; Commercial
Attic: None
Basement: None
Construction: Block; Steel Frame
Exterior Finish: Block; Glass; Stucco
Flooring: Concrete
Foundation: Slab
Fuel Tank: None
Green Bldg Features: LED Lighting
Parking Features: Asphalt; Lighted; Off Street; Paved
Roof: Insulated; Metal
Lot Description: Corner Lot; Level
Current Use: Commercial
Location: Gen Bus District
Cooling: Central Air
Heating: Gas Pack; Heat Pump
Heating System Fuel Source: Natural Gas
Water Heater: Electric
Utilities: Natural Gas Connected
Sewer: Private Sewer; Septic Tank
Water Source: Public
Terms: 1031 Exchange; Cash; Conventional
Lease Types: NNN
IDX
Listing Office: Rich Company
Last Updated: March - 02 - 2026
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