Listed by Matthews
$1,069,516
Family Dollar
Details
Property Type Retail
Sub Type Dollar store
Square Footage 8,522
Cap Rate 9.50%
NOI $101,604
Tenancy Single
Brand/Tenant Family Dollar
Lease Type NNN
Lease Expiration 03/31/2030
Rent Bumps Yes
Price per SqFt $126
Year Built 2015
Buildings 1
Acreage 0.530
Investment Type Net Lease
Ground Lease No
Retail | 9.50% CAP | 8,522 SqFt
Investment highlights
- High-Yield Entry Point: Offered at a premium 9.5% cap rate, providing an exceptionally strong risk-adjusted yield well above the market average for national corporate tenants. With an accessible purchase price of $1,069,521, this asset represents an ideal, lower-barrier-to-entry acquisition for both seasoned portfolio builders and 1031 exchange buyers seeking maximum cash flow.
- Zero Landlord Responsibilities: The property operates under a highly desirable absolute triple-net (NNN) lease. The tenant is fully responsible for all maintenance, taxes, and insurance, guaranteeing a truly passive, hands-off income stream.
- Stable Cash Flow: The asset generates a reliable $101,604.48 in annual rent.
- Long-Term Upside: The lease features six 5-year renewal options, providing a potential three decades of continued cash flow and long-term site control.
- Corporate Guarantee: Backed by Family Dollar, a nationally recognized and established discount retailer.
- Anchor of Idaho's $44B Ag Economy: Positioned in a prime agricultural region, capitalizing on Idaho's massive $44.5 billion ag sector that drives over 17% of the state's total economic output.
- National Hub for Research & Specialized Jobs: Home to the USDA Small Grains Research Center and the University of Idaho Extension Center, providing the town with a stable, government-backed, and specialized local workforce.
- Proximity to Idaho's Largest Reservoir: Situated minutes from the 56,000-acre American Falls Reservoir, a major regional draw for boating and fishing that pulls consistent seasonal tourism to the area.
- Highly Captive Retail Consumer Base: Located 40 minutes from Pocatello, making this Main Street storefront the essential, daily-needs retail hub for local residents and ag workers avoiding long drives.
- Deeply Insulated Local Market: Deeply rooted in critical food production and crop research, insulating the local economy from urban market fluctuations and ensuring year-round, recession-proof demand.
Listing Contacts
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$101,604.00
$8,467.00/mo
Valuation Metrics
0
DSCR
9.5%
Cap Rate
9.5%
ROI
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