Family Dollar STNL Investment Opportunity!
Family Dollar STNL Investment Opportunity. Priced to sell, this property is listed at a 7.64% CAP based on a NNN Lease of $84,000.00/yr in rent. Three, five (5) year options breakdown: First Option: $7,542.34/month ($90,508.08/ann.) Second Option: $8,296.59/month ($99,559.08/ann.) Third Option: $9,126.25/month ($109,515.00/ann.)
|Cap Rate Percentage||7.64|
|Building Size||8,000 SF|
|Lot Size||0.67 AC|
Freestanding Family Dollar retail stores provide an attractive combination of a long-term lease and a growing market concept that continues to capture value conscious shoppers, which boosts store productivity.
Landlord responsible for roof, structure, and capital expenses.
Three (3) years remaining on Original Term with three, five (5) year options Convenient ingress/egress at signaled intersection
Over 8,000 Family Dollar locations nation wide
50 free surface parking spaces.
10% Increases with each Renewal TermProperty Features
|Location:||Located at the busy intersection of Miles Road and 93rd Street, this Family Dollar is immediately surrounded by six churches, an elementary school, the Cuyahoga Housing Authority, and various industries all of which drive up traffic throughout the day. Freestanding Family Dollar retail stores provide an attractive combination of a long-term lease and a growing market concept that continues to capture value conscious shoppers, which boosts store productivity.|