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2 Baths
9,180 sqft

$1,230,000

5091 Main Street, Gibson NC, 28343

Price per sqft$133.99
Built in2020
Property size9,180 sqft
Property typeCommercial
Listing courtesy of Pillai Realty LLC

Overview

Active

Listed Nov 5, 2026

Updated 24h ago

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.

Additional information

MLS® ID
10201811

Interior Features

Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.47 Acres
MLS provider logo

Listed by Sridhar Boyina, , Pillai Realty LLC

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Data last updated 4:22 AM UTC, 11/6/2026

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