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| Price $410,000 $465,000 | Built/Renov 1998 | Tenant Family Dollar |
| Cap Rate 9.47% 8.35% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
7,000
| Lease Start
10-13-1997
| #Units
8,206
|
| Price/SF $58.57 $66.43 | Expiration
12-31-2028
| Tenant Type Dollar/Discount |
| NOI $38,833 | R. Term 3.7 | Ownership Fee Simple |
| Rent/SF
$5.55
| Increases 6.0%/6/yrs | Pop 5Mi 1,303 |
| Lot/AC 0.75 | Options 2/5yrs/6% | AHHI 5Mi $25,783 |
| | |
Family Dollar is strategically positioned at the signalized intersection of N. US Highway 23 and Fullerton Street, with excellent visibility and signage, and access to traffic counts of over 18,400 vehicles daily. The property is situated along a dense retail corridor, surrounded by national retailers Including Burger King, KFC, McDonald's, Rite Aid, Taco Bell, and many more, promoting strong...
...Signalized intersection
In location for years
Dense retail corridor
Near major nationals
Strategically located
Highway location
Long operation history
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...
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Huron Road | Pine St | 2022 | 14,002 | 0.32 mi |
| Ottawa Dr | N State St | 2015 | 16,200 | 0.71 mi |
| F-41 | Lodge Rd | 2022 | 8,864 | 0.71 mi |
| Huron Rd | Elk Ln | 2015 | 8,200 | 0.71 mi |
| Bissonette Road | Forest Dr | 2022 | 2,077 | 0.85 mi |
| North State Street | S Lake St | 2022 | 9,898 | 0.97 mi |
| US 23 | E River Rd | 2021 | 10,715 | 0.97 mi |
| West River Road | W Mill St | 2022 | 1,963 | 1.07 mi |
| Elk Ln | 2022 | 6,132 | 1.09 mi | |
| West Mill Street | W River Rd | 2022 | 576 | 1.30 mi |
Indianapolis, IN
Cap Rate 8.50%
Lease NN+
R. Term 3.90 yrs
Size/SF 10,580
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
