Listed by Fortis Net Lease
$869,000
Family Dollar Tree | 9.21 Cap
Details
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 12,000
Cap Rate 9.21%
NOI $80,040
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Walgreens
Lease Type NNN
Lease Term 10
Lease Expiration 09/01/2033
Remaining Term 7.2
Rent Bumps Yes
Lease Options Yes
Price per SqFt $72
Broker Co-Op Yes
Year Renovated 2023
Acreage 1.800
Investment Type Net Lease
Lease Commencement 09/01/2023
Occupancy Date 09/01/2023
Plus Size Format | 9.21% CAP | Healthy Rent/ $P-ft
Investment highlights
The Store is Positioned On New Jackson Hwy | Highest Trafficked Road
10-Year NN Lease Requiring Minimal Landlord Responsibilities Four- (5 Yr) Options | $0.50 Rental Rate Increase
Investment Credit Tenant | Standard & Poor's: 'BBB'
Three Mile Average Household Income of $68,644
The Store Out Positions Other Retailers
New Dual Tenant Concept | Brand New Lease Combo Stores See 20% Increase in Revenue
Listing Contacts
Listed by Fortis Net Lease
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$80,040.00
$6,670.00/mo
Valuation Metrics
0
DSCR
9.21%
Cap Rate
9.21%
ROI
Map
Zoning
C-1 CommercialRetail CommercialLocal Business District
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View all 45 uses Last updated Mar 6, 2026 For deeper zoning details, reports are available at Zoneomics
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