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| Price $474,080 | Built/Renov 2001 | Tenant Family Dollar |
| Cap Rate 9.90% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
10,000
| Lease Start
02-01-2001
| #Units
8,359
|
| Price/SF $47.41 | Expiration
01-31-2026
| Tenant Type Dollar/Discount |
| NOI $46,934 | R. Term 0.9 | Ownership Fee Simple |
| Rent/SF
$4.69
| Increases 10.0%/2/yrs | Pop 5Mi 11,749 |
| Lot/AC 1.64 | Options 2/5yrs/10% | AHHI 5Mi $50,100 |
| | |
Family Dollar is strategically located on Tom Gasque Avenue in the heart of downtown Marion. This prime location is one block west of Main Street and a short distance from municipal buildings and Marion’s residential neighborhoods. Additionally, the site is conveniently situated 500 feet from NC Route 41, 0.8-miles from US Highway 76, the area’s primary commercial and commuter corridor, and...
...In location for years
Dense retail corridor
Near major nationals
Strategically located
Highway close
Long operation history
Favorable NN+ 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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 4,077 | 8,634 | 11,177 |
| 2023 Total Population : | 4,148 | 8,856 | 11,485 |
| 2023 Employed Civilian Pop : | 1,454 | 3,168 | 4,173 |
| 2023 Total Businesses : | 198 | 361 | 474 |
| 2023 Average Household Income : | $ 49,696 | $ 52,621 | $ 54,643 |
| 2023 Total Consumer Spending : | $ 75 M | $ 173 M | $ 233 M |
| 2023 Median Age : | 42 | 39 | 40 |
| 2023 Total Households : | 1,733 | 3,721 | 4,818 |
| 2023 Pop Age 25+: Bachelor's Degree : | 290 | 556 | 690 |
| 2023 Average Home Value : | $ 134,144 | $ 117,907 | $ 116,041 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| West Railroad Avenue | Tom Gasque Ave | 2021 | 75 | 0.09 mi |
| Manning Street | Wheeler St | 2022 | 400 | 0.12 mi |
| North Main Street | English PkRd | 2022 | 7,000 | 0.16 mi |
| North Main Street | Elizabeth St | 2021 | 7,300 | 0.16 mi |
| Tom Gasque Avenue | W Dozier St | 2022 | 1,250 | 0.16 mi |
| West Railroad Avenue | Railroad Ave | 2022 | 2,600 | 0.18 mi |
| Henry Street | Jones Ave | 2022 | 225 | 0.26 mi |
| North Main Street | E Dozier St | 2021 | 5,800 | 0.27 mi |
| North Pine Street | Arch St | 2022 | 700 | 0.27 mi |
| West Godbold Street | W Ct | 2022 | 1,900 | 0.30 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
