DBRECS, LLC
Listed by DBRECS, LLC
$1,287,374
Family Dollar
Details
Property Type Retail
Sub Type Commercial
Square Footage 8,320
Cap Rate 8.25%
NOI $106,209
Occupancy 100%
Tenancy Single
Brand/Tenant Family Dollar
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 03/30/2027
Remaining Term 0.8
Year Built 2015
Acreage 0.750
Tenant Credit Corporate Guarantee
Rent Commencement 11/22/2015
Absolute NNN Family Dollar | 2015 Construction | 8.25% Cap Rate
Investment highlights
- Absolute NNN - Truly Passive, Management-Free Ownership. Tenant is solely responsible for all taxes, insurance, maintenance, and repairs - including roof, structure, HVAC, and parking lot. No landlord obligations of any kind. Ideal for out-of-state or passive investors.
- 11-Year Operating History | 2015 Built-to-Suit Construction. Family Dollar designed and constructed this location to their exact specifications and has operated continuously since opening. Long tenure at a build-to-suit site is the strongest signal of tenant commitment available in NNN investing.
- Dominant Position at Wewoka's Primary Signalized Intersection. Corner location at US-270 Business (S. Mekusukey Ave.) and W. 1st St. - the most active retail node in the trade area, surrounded by national co- tenants including Sonic, Dollar General, First United Bank, and USPS
- Corporate Guarantee | Sub-$1.3M Entry Point for 1031 Exchange Buyers. Lease carries a corporate guaranty from Family Dollar Stores, Inc. (Delaware corp.) at a price point accessible to private capital and 1031 exchange replacement buyers - institutional-quality structure at a non-institutional scale.
Listing Contacts
DBRECS, LLC
Listed by DBRECS, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$106,209.00
$8,850.75/mo
Valuation Metrics
0
DSCR
8.25%
Cap Rate
8.25%
ROI
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