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Super Dollar Closing

posted Sep 8, 2010, 8:01 PM by Reid Serozi

Have you noticed the giant banner hanging from the old 1958 brick and steel beam Super Dollar Store? 

The store is closing on the 18th of September after the lease was terminated by new property ownership. Many of the employees will be transfered to other Super Dollar stores in the region. The store manager of Super Dollar is sad to see the store close after 20 years of employment at the Franklin and North Person street location.

History

Original tenant for building was A&P Supermarket. 

The acre lot with the Super 10 was purchased by "Patterson Holding LLC" on February 24, 2010. Around the same time, the appliance repair store hidden next to (Super Dollar) had closed shop and the space became vacant. The new ownership put Super Dollar on a month to month lease.

So what's going on?

  • New ownership has a vision and wants to add new character to the neighborhood
  • Property is being positioned for lease to attract new businesses, either two 6,000 sqft spaces or the entire 12K sqft building
  • Within a 60 day time-frame (after Super Dollar closes), we will see improvements to the property.
    • resurface parking lot
    • new street lights (like Governor Square Condos)
    • landscaping improvements
    • Update the face of the building
  • Property will be managed by York Properties
  • Monthly Rental Rate $10.50/sq. ft
  • Raleigh Neighborhood Business Zoning allows for Convenience retail, food store, restaurant, bars, nightclub, tavern, lounge, Bank, post office among other uses and special uses including special permit uses. 
  • source: York Properties

The Resident Impact

Catharina H. recently wrote the CAC Chairs:

"...This represents a hardship for the seniors living where Halifax Court used to be and the seniors living in Murphy School. And I am sure there are more seniors and other residents without transportation living in your CAC that will be affected by this. The closest store will be the Food Lion in Raleigh North. It is difficult for an elderly person to get on and of the bus with bags..."

Sonia Anderson with the Capitol Park shared the following comments on the MCAC Google Group:

"...As the Property Manager of the senior specific building, Parkview Manor, I was sad to hear the Super 10 store on Person Street is closing September 18, 2010. With this being the only store in walking distance my resident population is very upset..."

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