Family Dollar for Sale in Lithonia, GA
Lithonia, GA
Key Investment Metrics
Price
$1,600,000
Cap Rate
9.3%
Net Operating Income
$148,036
Building Size
9032 SF
Land Area
1.22 Acres
Remaining Term
1.7 years
Lease Expiration
03/31/2028
Lease Term
10.8 years
Lease Commencement
06/30/2017
Lease Type
NN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2012
Tenancy
Single
Rent Increases
2nd Five Year : 162,840; 3rd: 179,124; 4th: 197,036
AI illustration · Not the listed propertyProperty overview
Family Dollar in Lithonia
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 9,032 SF
- Land area
- 1.22 acres
- Year built
- 2012
- Lease type
- NN
- Lease expiration
- 03/31/2028
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.