Family Dollar - Net Lease Property for Sale
Columbus, GA
Key Investment Metrics
Price
$1,120,942
Cap Rate
7.8%
Net Operating Income
$86,873
Building Size
10354 SF
Lot Size
10,354 SF
Land Area
1 Acres
Remaining Term
8.1 years
Lease Expiration
02/01/2034
Lease Term
32.1 years
Lease Commencement
01/10/2002
Lease Type
NN+
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2002
Occupancy
100%
Tenancy
Single
Rent Increases
10%
About This Family Dollar Net Lease Property
This Family Dollar NNN (triple net lease) property is located in Columbus, GA and represents an excellent investment opportunity for commercial real estate investors. The property features 10354 square feet of building space and was built in 2002.
With a cap rate of 7.8%, this Family Dollar net lease property offers stable income potential. The asking price is $1,120,942, making it an attractive option for 1031 exchange investors seeking quality Family Dollar commercial properties.
Why Invest in Family Dollar NNN Properties?
- Stable Income: Family Dollar net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Family Dollar is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Columbus, GA Market Overview
Located in Columbus, GA, this Family Dollar property benefits from strong local demographics and market fundamentals. The Columbus area offers excellent visibility and accessibility, making it an ideal location for Family Dollar operations and a solid investment for net lease property buyers.