Family Dollar
ZERO COMPETITION | HIGH YIELD INVESTMENT OPPORTUNITY | 2020 CONSTRUCTION
Marketing description
Introducing an unbeatable investment opportunity at FAMILY DOLLAR - 518 State Route 13, Williamstown, NY 13493! This newly constructed property boasts a high yield potential with a 9.0% CAP rate and a modern 2020 build.
The double-net lease structure means minimal landlord responsibilities, offering a hassle-free income stream. Family Dollar, with a strong corporate guarantee, anchors this strategic location just 50 miles south of Syracuse. Benefit from built-in rent growth with 5% increases every 5 years during option periods.
Enjoy the security of having no Dollar Store competition within an 8-mile radius, while catering to a community with an average household income exceeding $67,000 within a 1-mile radius. With a solid tenant profile and 4+ years remaining on the lease, this is a fantastic opportunity for savvy investors. Don't miss the chance to own a prime commercial property with a reliable national tenant and promising returns!
Investment highlights
- Double-Net (NN) Lease Structure – Tenant responsible for all expenses except roof and structure
- Zero Competition: No Dollar Store Competition within an 8- mile radius
- Modern Construction: Subject property was built in 2020
- Strong Guarantee: Corporate Guarantee from Family Dollar Stores, Inc.
- Built-In Rent Growth – 5% increases every 5 years during option periods
- Strategic Regional Location: Positioned within 50 miles South of Syracuse
- Strong Surrounding Demographics – Average household income exceeds $67,000 within a 1-mile radius
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