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| Price $1,796,000 | Built/Renov 1998/2023 | Tenant Popshelf |
| Cap Rate 6.50% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
11,204
| Lease Start
01-06-2023
| #Units
140
|
| Price/SF $160.30 | Expiration
01-31-2038
| Tenant Type Dollar/Discount |
| NOI $116,758 | R. Term 12.9 | Ownership Fee Simple |
| Rent/SF
$10.42
| Increases 10.0%/14/yrs | Pop 5Mi 12,524 |
| Lot/AC 1.28 | Options 5/5yrs/10% | AHHI 5Mi $84,081 |
| | |
This 11,204 SF Popshelf is situated on 1.28 acres, at the hard corner, signalized intersection of Timber Way and McCauley Drive, which see in excess of 20,000 vehicles passing by daily. The property is positioned across the street from a Walmart Super Center and a Food Lion anchored shopping center, as well as near many national retailers (Advance Auto Parts, Auto Zone, Walgreens and more),...
...Signalized intersection
Recent renovation
Hard corner intersection
Near major nationals
Strong tenant synergy
Brand new lease
Long 15+ yr lease
Traded and rated company
Corporate Guarantee
Investment grade tenant
PopShelf is an upscale Dollar General retail concept that focuses on non-consumable categories such as seasonal and home décor, health and beauty, home cleaning supplies, and party and...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 2,798 | 9,173 | 12,423 |
| 2023 Total Population : | 2,800 | 9,223 | 12,496 |
| 2023 Employed Civilian Pop : | 1,379 | 4,810 | 6,502 |
| 2023 Total Businesses : | 94 | 278 | 332 |
| 2023 Average Household Income : | $ 76,168 | $ 85,273 | $ 86,827 |
| 2023 Total Consumer Spending : | $ 72 M | $ 267 M | $ 373 M |
| 2023 Median Age : | 43 | 42 | 42 |
| 2023 Total Households : | 1,084 | 3,626 | 4,960 |
| 2023 Pop Age 25+: Bachelor's Degree : | 258 | 975 | 1,238 |
| 2023 Average Home Value : | $ 286,023 | $ 312,166 | $ 319,366 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| McCauley Dr | S Main St | 2015 | 3,800 | 0.03 mi |
| McCauley Dr | Zigler Ln | 2012 | 3,500 | 0.08 mi |
| Co-Op Drive | Zigler Ln | 2018 | 3,600 | 0.08 mi |
| Co-Op Drive | Storage Ln | 2021 | 3,200 | 0.08 mi |
| 5th St | 2021 | 180 | 0.09 mi | |
| S Main St | 2021 | 70 | 0.12 mi | |
| South Main Street | 5th St | 2021 | 20,000 | 0.12 mi |
| S Main St | 2021 | 20,000 | 0.12 mi | |
| 5th St | 2021 | 180 | 0.13 mi | |
| McCauley Dr | Storage Ln | 2015 | 3,400 | 0.13 mi |
North Versailles, PA
Cap Rate 7.00%
Lease NN+
R. Term 8.40 yrs
Size/SF 10,000
Atlantic City, NJ
Cap Rate 7.00%
Lease Double NN
R. Term 8.70 yrs
Size/SF 6,959
Goshen, IN
Cap Rate 6.20%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 10,000
Albany, NY
Cap Rate 6.00%
Lease Double NN
R. Term 7.30 yrs
Size/SF 7,857
Chase City, VA
Cap Rate 7.05%
Lease Double NN
R. Term 12.30 yrs
Size/SF 13,110
Ham Lake, MN
Cap Rate 5.75%
Lease Abs NNN
R. Term 10.11 yrs
Size/SF 9,100
Muskegon, MI
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,542
Lawrenceville, PA
Cap Rate 7.25%
Lease Double NN
R. Term 9.10 yrs
Size/SF 10,500
Horseshoe Bend, AR
Cap Rate 6.25%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 12,687
Merryville, LA
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,566
Claysburg, PA
Cap Rate 6.75%
Lease Double NN
R. Term 8.60 yrs
Size/SF 10,500
Sharon, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 10,566
Monticello, AR
Cap Rate 6.75%
Lease Abs NNN
R. Term 14.40 yrs
Size/SF 10,640
Marshall, MN
Cap Rate 7.25%
Lease Double NN
R. Term 9.20 yrs
Size/SF 10,500
Marlette, MI
Cap Rate 7.50%
Lease NN+
R. Term 9.00 yrs
Size/SF 10,500
Hooks, TX
Cap Rate 6.69%
Lease Double NN
R. Term 9.40 yrs
Size/SF 10,500
Byron, NY
Cap Rate 6.35%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 9,026
Bronson, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 14.40 yrs
Size/SF 12,687
Fowlerville, MI
Cap Rate 6.40%
Lease NN+
R. Term 14.50 yrs
Size/SF 10,640
Smithfield, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 10,640
Brookland, AR
Cap Rate 7.15%
Lease Double NN
R. Term 9.90 yrs
Size/SF 10,500
Traverse City, MI
Cap Rate 6.60%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 7,500
Kaplan, LA
Cap Rate 6.65%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 12,687
University Park, IL
Cap Rate 6.55%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 10,640
Elm City, NC
Cap Rate 6.65%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 10,770
Mount Vernon, TX
Cap Rate 6.70%
Lease Double NN
R. Term 9.30 yrs
Size/SF 1,320
Scottville, MI
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 12,480
Mercer, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,566
Whiteville, TN
Cap Rate 6.75%
Lease Double NN
R. Term 9.70 yrs
Size/SF 10,500
Mayfield, KY
Cap Rate 7.35%
Lease Double NN
R. Term 9.40 yrs
Size/SF 10,500
Grand Bay, AL
Cap Rate 6.40%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 10,542
Heathsville, VA
Cap Rate 7.10%
Lease Double NN
R. Term 14.20 yrs
Size/SF 11,305
Chase, MI
Cap Rate 6.75%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 10,640
Clarkton, MO
Cap Rate 6.65%
Lease Abs NNN
R. Term 13.60 yrs
Size/SF 12,687
Ford City, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,566
Pontiac, MI
Cap Rate 6.75%
Lease Double NN
R. Term 2.10 yrs
Size/SF 9,750
Wetumpka, AL
Cap Rate 6.40%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 10,640
Butlerville, IN
Cap Rate 7.10%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,566
Brockport, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 10,566
Vandalia, MO
Cap Rate 6.85%
Lease NN+
R. Term 14.00 yrs
Size/SF 12,688
Fort Edward, NY
Cap Rate 6.00%
Lease Abs NNN
R. Term 10.80 yrs
Size/SF 9,281
Ham Lake, MN
Cap Rate 5.75%
Lease Abs NNN
R. Term 10.80 yrs
Size/SF 9,100
Gassville, AR
Cap Rate 7.00%
Lease Double NN
R. Term 9.80 yrs
Size/SF 10,500
Vandalia, MO
Cap Rate 7.10%
Lease Abs NNN
R. Term 13.80 yrs
Size/SF 12,668
Miner, MO
Cap Rate 6.90%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 10,640
Eunice, LA
Cap Rate 6.40%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 10,640
Claysburg, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 10,566
Galway, NY
Cap Rate 6.40%
Lease Abs NNN
R. Term 10.00 yrs
Size/SF 9,400
Roan Mountain, TN
Cap Rate 7.15%
Lease Double NN
R. Term 9.11 yrs
Size/SF 10,500
Rush Springs, OK
Cap Rate 6.60%
Lease Double NN
R. Term 8.50 yrs
Size/SF 10,500
Caroga Lake, NY
Cap Rate 6.00%
Lease Abs NNN
R. Term 10.60 yrs
Size/SF 9,250
Pine Bluff, AR
Cap Rate 7.15%
Lease NN+
R. Term 9.80 yrs
Size/SF 10,500
Beckemeyer, IL
Cap Rate 6.75%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 10,566
Stephentown, NY
Cap Rate 5.97%
Lease Abs NNN
R. Term 10.11 yrs
Size/SF 9,166
Interlachen, FL
Cap Rate 6.15%
Lease Double NN
R. Term 3.20 yrs
Size/SF 9,180
Spring Lake, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 10,640
Patterson, MO
Cap Rate 6.25%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,640
Spencer, TN
Cap Rate 7.30%
Lease Double NN
R. Term 8.40 yrs
Size/SF 10,500
Hickman, KY
Cap Rate 7.15%
Lease Double NN
R. Term 9.80 yrs
Size/SF 10,500
Oak Hill, OH
Cap Rate 7.50%
Lease Double NN
R. Term 8.10 yrs
Size/SF 10,500
Cass City, MI
Cap Rate 7.50%
Lease Double NN
R. Term 9.40 yrs
Size/SF 10,500
Bisbee, AZ
Cap Rate 6.60%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 10,566
Manton, MI
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 10,640
Shirley, AR
Cap Rate 6.50%
Lease Abs NNN
R. Term 13.60 yrs
Size/SF 12,668
Chilton, TX
Cap Rate 7.05%
Lease Double NN
R. Term 9.90 yrs
Size/SF 10,500
Natrona Heights, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 9,100
Crab Orchard, KY
Cap Rate 7.40%
Lease Double NN
R. Term 8.11 yrs
Size/SF 10,500
Kempner, TX
Cap Rate 7.00%
Lease Double NN
R. Term 9.70 yrs
Size/SF 10,500
Edinburg, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 10,566
Burgess, VA
Cap Rate 6.75%
Lease Double NN
R. Term 8.70 yrs
Size/SF 10,352
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
