Listed by SRS National Net Lease Group
$919,000
Family Dollar
Details
APN 25140 M:18 L:43
Property Type Retail
Sub Type Storefront
Square Footage 8,000
Cap Rate 9%
NOI $82,741
Tenancy Single
Brand/Tenant Family Dollar
Lease Type Gross
Lease Term 11.9
Lease Expiration 03/31/2031
Remaining Term 4.7
Rent Bumps Yes
Lease Options 7 (5-Year)
Year Built 2013
Acreage 1.000
Zoning General Development
Parking Spaces 25 spaces
Parking per 1,000 SqFt 3.12
Tenant Credit Corporate Guarantee
Lease Commencement 05/01/2019
Ownership Fee Simple (Land & Building Ownership)
Retail | 9.00% CAP | 8,000 SqFt
Investment highlights
Over 5 Years Remaining | Corporate Guaranteed | Recent Lease Extension | Scheduled Rental Increases
Gross Lease | Fee Simple Ownership | Limited Landlord Responsibilities
Excellent Access & Visibility | Extremely Limited Competition | Nearby Hartland Grocery
Demographics in 5-Mile Trade Area
Listing Contacts
Listed by SRS National Net Lease Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$82,741.00
$6,895.08/mo
Valuation Metrics
0
DSCR
9%
Cap Rate
9%
ROI
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