11 Ward Store Rd • Fairmont, NC 28340
Year Purchased: 2020
Portfolio Purchase Amount: $2,215,000.00
Portfolio Equity Amount: $930,000.00
This Family Dollar location was purchased as part of a two-location portfolio (the other being a Dollar General store located in Darlington, SC) in September 2020. The two 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.