Listed by Expansion Realty Partners
$950,000
Dark Family Dollar / Dollar Tree with 6 years remaining
Details
Property Type Industrial, Retail
Sub Type Shopping Center, Storefront
Square Footage 10,500
Cap Rate 10.61%
NOI $100,800
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar Tree
Lease Type NN
Lease Term 10.1
Lease Expiration 01/31/2032
Remaining Term 5.5
Lease Options 5
Price per SqFt $90
Year Built 2021
Acreage 1.130
Tenant Credit Corporate Guarantee
Lease Commencement 12/30/2021
Occupancy Date 12/30/2021
Industrial | 10.61% CAP | 10,500 SqFt
Marketing description
10.6% CAP Dark Texas Dollar Tree / Family Dollar
6 Years Remaining of Corporately Guaranteed Rent Payments
$604,000 in Remaining Lease Income - 60% of the Purchase Price
Tenant Fully Responsible for Fully Reimbursing Landlord for
Insurance, Property Taxes and Tenant Maintains Landscaping
Directly
Subject Property is Located Off of U.S, Hwy 96 Which Generated
Traffic Counts of 5,360+ VPD
Dollar Tree (NYSE: DLTR) is a Fortune 500 Company With a
Credit Rating of BBB (S&P)
Listing Contacts
Listed by Expansion Realty Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$100,800.00
$8,400.00/mo
Valuation Metrics
0
DSCR
10.61%
Cap Rate
10.61%
ROI
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Property History
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