Listed by Trinity Real Estate Investment Services
$1,133,335
Family Dollar
Details
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 8,000
Units 1
Cap Rate 9%
NOI $102,000
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree
Lease Type NN
Lease Term 15.6
Lease Expiration 06/30/2027
Remaining Term 1.1
Rent Bumps Yes
Lease Options 10% Every 5 Years
Price per SqFt $142
Year Built 2011
Buildings 1
Acreage 0.920
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 11/10/2011
Ownership Fee Simple
Retail | 9.0% CAP | 8,000 SqFt
Marketing description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Family Dollar in Fort Smith, AR. The subject property has NN lease with limited landlord responsibilities. It is corporately guaranteed by Family Dollar Stores Inc.
Property Website: https://trinityreis.com/listing/3201-grand-ave/
In Cooperation with Brian Brockman at Bang Realty-Arkansas Inc | AR #PB00082359 | bor@bangrealty.com | (513) 898-1551
Investment highlights
- Family Dollar Near Downtown Fort Smith With 1+ Year on Current Term
- NN Lease With Limited Landlord Responsibilities (Tenant Fully Responsible for the HVAC System)
- Hard Corner Lot at the Signalized Intersection of Grand Ave and N 32nd St With Combined Traffic Counts of 15,000+ Vehicles Passing Daily
- Strong 5-Mile Demographics of 75,000+ Residents
- Close Proximity to Apartments and Schools Generating Additional Traffic to the Area
- Corporately Guaranteed by Family Dollar Stores Inc - Over 7,480+ Stores Spanning 49 States
Listing Contacts
Listed by Trinity Real Estate Investment Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$102,000.00
$8,500.00/mo
Valuation Metrics
0
DSCR
9%
Cap Rate
9%
ROI
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