Family Dollar
Net Leased Family Dollar | 8.75% CAP | Corporate Guarantee
Marketing description
This offering presents a newly constructed, 10-year net-leased Family Dollar in Cordele, Georgia, priced at $1,440,000 with an attractive 8.75% cap rate on $126,000 in annual net operating income. The lease structure is NN, providing minimal landlord responsibilities, and is supported by a corporate guarantee, offering investors durable and predictable cash flow from a nationally recognized credit tenant. The initial 10-year lease term runs through February 28, 2034, and includes four 5-year renewal options with $0.50/SF rent increases in each option period, creating long-term income stability and built-in rental growth. Located at 2434 Highway 300 South in Cordele, Georgia, the asset benefits from excellent visibility and access along Highway 300, a well-traveled commercial corridor. The site is positioned within an established retail area and serves a strong local customer base.
Investment highlights
New 10-year net lease with minimal landlord responsibilities
Corporate guarantee from Family Dollar providing stable cash flow
Four 5-year renewal options with $0.50/SF rent increases
Prime location near Highway 300 and I-75 with strong traffic exposure
Attractive 8.75% cap rate with long-term, stable income
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