September 28, 2022 – Zach Smith and Kyle Danielson of Horvath & Tremblay have successfully completed the sale of Family Dollar in Beulaville, North Carolina. Horvath & Tremblay exclusively represented the buyer to complete the transaction at a sale price of $1,165,000.
Family Dollar is located at 404 W Main Street in Beulaville, North Carolina. Family Dollar has been at this location since 2021 and has 1 year remaining on their lease with five (5), 5-year renewal options. The lease features a 10% rent increase at the start of each renewal option. Family Dollar is conveniently located along W Main Street (NC Route 24) in the center of Beulaville’s downtown area. The Property benefits from outstanding visibility and frontage and is less than 0.2-miles from Jackson’s IGA (the area’s primary grocery store), Walgreens, and McDonald’s, all of which drive traffic to the immediate area. Beulaville is located approximately 55 miles from both Wilmington and Fayetteville, North Carolina.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.