523 US Highway 64 • Columbia, NC 27925
Year Purchased: 2021
Portfolio Purchase Amount: $4,106,500.00
Portfolio Equity Amount: $1,642,413.00
This Family Dollar location was purchased as part of a four-location portfolio (PGP Dollar II, LLC) in February 2021. The four locations were both proven stores for their corporate parents and offered our investors the prospect of current cash flow stability combined with upside from planned rent increases that were built into the current long-term leases.