Price $1,710,000 | Built/Renov 2023 | Tenant Family Dollar | Dollar Tree |
Cap Rate 6.69% | Lease Type
Double NN | Guarantor Corp T and Rated |
Size/SF
10,500
| Lease Start
09-30-2023
| #Units
8,206
|
Price/SF $162.86 | Expiration
09-30-2033
| Tenant Type Dollar/Discount |
NOI $114,450 | R. Term 9.9 | Ownership Fee Simple |
Rent/SF
$10.90
| Increases 0.0%/0/yrs | Pop 5Mi 5,090 |
Lot/AC 1.18 | Options 6/5yrs | AHHI 5Mi $67,791 |
| |
Family Dollar/Dollar Tree is strategically fronting Main Street averaging a daily traffic count of 4,400 vehicles. Its location is conveniently located less than half a mile from I-30 (40,600 VPD), providing direct on/off ramp access for travelers. The subject property offers excellent visibility via significant street frontage and multiple points of access. Additionally, the site is situated...
...Recent renovation
Relocation store
Freeway close
Strong tenant synergy
Income tax free state
Brand new lease
Long 10+ yr lease
Traded and rated company
Corporate Guarantee
Investment grade 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 stores...
1 Miles | 3 Miles | 5 Miles | |
2028 Total Population : | 1,832 | 3,785 | 5,261 |
2023 Total Population : | 1,800 | 3,676 | 5,109 |
2023 Employed Civilian Pop : | 758 | 1,588 | 2,311 |
2023 Total Businesses : | 58 | 95 | 136 |
2023 Average Household Income : | $ 65,968 | $ 66,120 | $ 64,705 |
2023 Total Consumer Spending : | $ 43 M | $ 88 M | $ 121 M |
2023 Median Age : | 38 | 40 | 41 |
2023 Total Households : | 745 | 1,519 | 2,124 |
2023 Pop Age 25+: Bachelor's Degree : | 265 | 424 | 500 |
2023 Average Home Value : | $ 162,306 | $ 200,243 | $ 208,216 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
Main Street | Ave G | 2021 | 3,991 | 0.11 mi |
Main Street | Ave B | 2020 | 3,748 | 0.11 mi |
Main Street | Wilder Dr | 2020 | 3,807 | 0.11 mi |
E 2nd St | E Ave D | 2013 | 233 | 0.17 mi |
East Avenue A | W New Boston Rd | 2021 | 6,088 | 0.23 mi |
West Avenue A | W 4th St | 2021 | 5,701 | 0.24 mi |
E Ave A | E 1st St | 2014 | 6,722 | 0.25 mi |
E 4th St | E Ave B | 2013 | 254 | 0.32 mi |
Lacey Dr | Wilder Pl | 2018 | 40,586 | 0.44 mi |
TX 121 | Main St | 2020 | 33,840 | 0.45 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]