Listed by KW Commercial Heritage
$677,022
Family Dollar Texarkana
Details
Property Type Retail
Sub Type Storefront
Square Footage 7,360
Cap Rate 6.75%
NOI $45,024
Occupancy 100%
Tenancy Single
Brand/Tenant Family Dollar
Lease Type NN
Lease Expiration 12/31/2028
Remaining Term 2.6
Rent Bumps Yes
Lease Options Two automatic lease option of 5 years each remaining (12/31/2038)
Price per SqFt $92
Year Built 1998
Stories 1
Acreage 0.920
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Ground Lease No
Family Dollar Investment - 6.75% Cap Rate
Marketing description
OPEN TO OFFERS! We are pleased to offer this Family Dollar Lease Investment Opportunity in Texarkana, Arkansas. Generating a $45,024 NOI, this investment features a 6.75% CAP Rate.
OWNER FINANCING MAY BE AVAILABLE. SUBJECT TO TERMS
• Strong Corporate Guarantee from Investment Grade Tenant
• Tenant currently exercising their 4th renewal option of lease showing Commitment to the Site
• Two additional, five-year automatic renewals through 2038
• Easy Access to I-30 and I-49
• Located Just Off the Corner of Jefferson Avenue and Arkansas Blvd
Listing Contacts
Listed by KW Commercial Heritage
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$45,024.00
$3,752.00/mo
Valuation Metrics
0
DSCR
6.65%
Cap Rate
6.65%
ROI
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