Listed by Marcus & Millichap, Marcus & Millichap - Dallas
$1,242,000
Family Dollar (2.13-Acre Site)
Details
Property Type Retail
Sub Type Dollar Store
Square Footage 10,500
Net Rentable (SqFt) 10,500
Units 1
Cap Rate 8.5%
NOI $105,525
Occupancy 100%
Tenancy Single
Brand/Tenant Family Dollar
Lease Type NN
Lease Term 10
Lease Expiration 02/28/2032
Remaining Term 5.7
Rent Bumps Yes
Lease Options Five, 5-Year
Price per SqFt $122
Broker Co-Op Yes
Year Built 2021
Acreage 2.130
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 05/04/2021
Ground Lease No
Recent 2021 Construction on a Large 2.13-Acre Site
Marketing description
Offered for sale is a Family Dollar in Van Buren, Missouri. The 10,500-SF freestanding store was constructed in 2021 and sits on a large 2.13-acre parcel along Main Street near U.S. Highway 60. The property benefits from strong visibility along this key east–west corridor, which carries regional traffic between Poplar Bluff and the Ozark National Scenic Riverways.
Investment highlights
- Double Net Lease with 5.7 Years Remaining
- Recent 2021 Construction on a Large 2.13-Acre Site
- Main Street Location Near U.S. Highway 60 (3,489 VPD)
- National Discount Retailer With 4,300+ Locations and Strong Concentration Across the Rural Southeast
Listing Contacts
Listed by Marcus & Millichap, Marcus & Millichap - Dallas
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$105,525.00
$8,793.75/mo
Valuation Metrics
0
DSCR
8.5%
Cap Rate
8.5%
ROI
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