Family Dollar for Sale in Diana, TX
Diana, TX
Key Investment Metrics
Price
$665,505
Cap Rate
8.0%
Net Operating Income
$53,240
Building Size
8000 SF
Land Area
0.74 Acres
Remaining Term
6.9 years
Lease Expiration
01/01/2033
Lease Term
30.9 years
Lease Commencement
02/23/2002
Lease Type
NN
Tenant Credit
Corporate Guarantee
Year Built
2002
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years
AI illustration · Not the listed propertyProperty overview
Family Dollar in Diana
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 8,000 SF
- Land area
- 0.74 acres
- Year built
- 2002
- Lease type
- NN
- Lease expiration
- 01/01/2033
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.