loader
Join Free
Views: 40 DOM: 87 Updated: 04.22.24 Posted: 02.22.24 Status: Active

Summary

Price $1,755,000
Built/Renov 2024
Tenant Family Dollar | Dollar Tree
Cap Rate 7.15%
Lease Type Double NN
Guarantor Corp T and Rated
Size/SF 10,500
Lease Start 06-01-2024
#Units 1,200
Price/SF $167.14
Expiration 05-31-2034
Tenant Type Dollar/Discount
NOI $125,475
R. Term 10.0
Ownership Fee Simple
Rent/SF $11.95
Increases 0.0%/10/yrs
Pop 5Mi 4,173
Lot/AC 1.24
Options 4/5yrs
AHHI 5Mi $68,396

Lease Highlights

  • Brand-new 2024 construction
  • Family Dollar | Dollar Tree will be executing a brand-new 10-year lease with 4 (5-year) options to extend
  • The lease features $0.50/PSF rental escalations at the start of each option period
  • Corporate guarantee | Investment grade tenant

Location Description

Family Dollar | Dollar Tree is strategically located on US-19E, with access to 7,700 vehicles passing by daily. The property's close proximity to Cloudland High School, serving 249 students, provides a direct consumer base. This prime location is further enhanced by the limited competition, as there is only one other discount store serving the immediate trade area. Additionally, the property...

...

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Family Dollar is an American retail, variety discount store chain, with over 8,000 locations in all states except Alaska and Hawaii. The chain operates general merchandise retail discount...


...

Traffic

Collection Street Cross Street Year Traffic Vol Distance
State Hwy143 2022 7,736 0.15 mi
Smith Branch Rd 2022 2,792 1.10 mi
Hampton Creek Road Partridge Ln 2022 522 1.17 mi
US Hwy 19E Jess Mosley Rd 2003 7,980 1.26 mi
State Hwy 143 Gibbs Rd 2003 2,520 1.37 mi
Roan Road State PkCabin Rd 2022 1,470 2.14 mi
Roan Rd Restaurant Rd 2003 1,700 2.67 mi
ROARING CREEK RD. Lakeside Dr 2021 120 2.96 mi
Roaring Creek Road Lakeside Dr 2022 108 2.96 mi

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

NEWSLETTER SIGN UP

Subscribe
my activity