Listed by Dapper Companies Corporation
$2,442,857
Family Dollar Retail Store - Sandy Valley
Details
APN 201-32-410-018
Property Type Retail
Sub Type Grocery Store
Square Footage 10,500
Cap Rate 7%
NOI $171,000
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar Tree
Lease Type NNN
Lease Term 10.3
Lease Expiration 01/31/2033
Remaining Term 6.7
Price per SqFt $233
Year Built 2022
Buildings 2
Stories 1
Acreage 1.880
Investment Type Net Lease
Lease Commencement 10/27/2022
Occupancy Date 10/27/2022
Sale Condition 1031 exchange
Retail | 7.00% CAP | 10,500 SqFt
Marketing description
This offering includes a Family Dollar store and Water Bottle kiosk, located in Sandy Valley, Nevada. The building consists of approximately 10,500 square feet and resides on 1.88 acres. The store is on an initial lease term of 10-years with four 5-year renewal options. The company operates 15,500+ stores across 48 states and five Canadian provinces. This net leased investment is perfect for an investor looking for a stable income property with minimum management responsibilities.
Investment highlights
- Corporate lease
- Stable income - ease of management
- 10-year lease with options
- Perfect 1031 Exchange Property
- Two tenant net leased investment
- Built in 2022
- Location: Sandy Valley, NV, approximately 45 minute drive from Las Vegas
Listing Contacts
Listed by Dapper Companies Corporation
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$171,000.00
$14,250.00/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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