New Listing
5091 Main Street,Gibson, NC 28343
Gibson, NC 28343
Description
INVESTMENT HIGHLIGHTS:Corporate Net Lease (STNL) Family Dollar (Family Dollar Stores, Inc.) in Scotland County, NC. Ideal bite-sized, turnkey 1031 exchange replacement asset featuring a corporate guarantee, zero landlord operational friction, and stable, predictable cash flow below replacement cost. Modern 2020-construction 9,180 SF prototype situated on a ±1.47-acre hard corner at NC-79 (Main St) and NC-381 (Hamlet Rd) with combined visibility exceeding 5,400 VPD. Operating under an institutional NNN lease structure with zero CAM exposure and full tenant reimbursement of real estate taxes and casualty insurance. In-place NOI of $92,500 delivers an immediate 7.52% Cap Rate at an attractive $133.99/SF basis (well below replacement cost). Primary lease term runs through October 31, 2030, with six (6) 5-year renewal options featuring 5.0% contractual escalations (yielding over 10.0% on cost). Proven store-level customer loyalty that consistently exceeds annual unit targets despite nearby national co-tenancy. Excellent 1031 exchange replacement asset.
Details
| MLS # | 10201811 |
|---|---|
| Listing Type | For Lease |
| Style | Retail |
| Status | Active |
| Year | 2020 |
| Days On Site | 6 |
| Listing Provided By | Pillai Realty LLC | Sridhar Boyina |
Features
| Bath(s) | 2 |
|---|---|
| SQ Feet | 9,180 |
| Story(s) | 1 |
| Zoning | GB |
| Acreage | 1.47 |
Interior
| Interior Features | Other |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air, ENERGY STAR Qualified Equipment, Gas, Heat Pump, Multi Units |
| Laundry Features | None |
Exterior
| Roof | Metal |
|---|---|
| Foundation Details | Slab |
| Lot Features | Corner Lot |
| Construction Materials | Block, Brick, Concrete, Metal Siding |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Assessed Value | 1351380 |
|---|---|
| Tax Legal Description | #2 3 & Part Of 4 Myrtle Howell |
| Tax Year | 2026 |
Area Information
| State | NC |
|---|---|
| County | Scotland |
| City | Gibson |
| Zip Code | 28343 |
| Area | Scotland |
| Listing VS Median (in 28343) | |
Price: $1,230,000 low | high Med: $680,000 sqft: 9,180 low | high Med: 5,292 $ / sqft: $134 low | high Med: $113 On site: 6 low | high Med: 35.5 | |
Market Activity 28343
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Learn More About This Property
| State | NC |
|---|---|
| County | Scotland |
| City | Gibson |
| Zip Code | 28343 |
| Area | Scotland |
| Listing VS Median (in 28343) | |
Price: $1,230,000 low | high Med: $680,000 sqft: 9,180 low | high Med: 5,292 $ / sqft: $134 low | high Med: $113 On site: 6 low | high Med: 35.5 | |
