

Family Dollar Saratoga WY
Retail | 8.50% CAP | 8,000 SqFt
Marketing description
Bang Realty-Colorado Inc. is pleased to exclusively present for sale the 8,000 SF Family Dollar located at 215 N. 1st St, Saratoga, WY 82331
Investment highlights
FAMILY DOLLAR CORPORATE GUARANTEED LEASE:
Approximately 5 Years Remaining in Existing Lease Term (Lease Exp: 01/31/2031)
2011 Construction - Build-to-Suit Family Dollar
8,000 SF Building | 0.66 Acre Parcel
Three (3) – Five (5) Year Option Periods at 10% Rent Increase
15+ YEAR OPERATING HISTORY:
Family Dollar Has Operated at This Location Since 2011
Tenant Has Exercised the First Two Option Periods as Per the Lease Agreement (10% Rent Increase) Requiring No Landlord Concessions
CORPORATE LEASE GUARANTY:
Family Dollar Stores, Inc.
NN+ LEASE | MINIMAL LANDLORD RESPONSIBILITIES:
Landlord Responsibilities Limited to Structural Portions of the Building, Roof, Parking, Service & Access Areas
Tenant Responsible for Maintenance and Repair/Replacement of HVAC Units
Tenant Responsible for Maintaining the Existing Landscaping Including Mowing, Snow Plowing, Removing Trash & Debris, and Repairing Parking Area Lights
Tenant Responsible for Restriping the Parking Lot
Tenant Responsible for Asphalt/Concrete Repairs Until the Aggregate Costs Equal $1,500 in Any Lease Year
TRADE AREA DEMOGRAPHICS:
1-Mile: 1,421 Residents; $95,121 Average Household Income
3-Mile: 1,849 Residents; $97,420 Average Household Income
5-Mile: 1,948 Residents; $97,996 Average Household Income
7-Mile: 2,017 Residents; $97,313 Average Household Income
BRUSH CREEK RANCH:
Located 17 Miles from the Subject Property
All-Inclusive 5 Star Luxury Ranch Resort
Accommodates Up to 155 Guests (72 Bedrooms)
30,000 Acre Property with a Private 600-Acre Ski Mountain
In 2014, Brush Creek Ranch was Recognized as the No. 1 Resort in the U.S. and the No. 2 Top Hotel & Resort in the World (Conde Nast Traveler)
PROXIMITY FROM SARATOGA, WYOMING:
Laramie, WY | 98 Miles
Cheyenne, WY | 146 Miles
Casper, WY | 152 Miles
Fort Collins, CO | 162 Miles
Denver, CO | 210 Miles
Salt Lake City, UT | 331 Miles
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