Family Dollar for Sale in St. Petersburg, FL
St. Petersburg, FL
Key Investment Metrics
Price
$1,948,900
Cap Rate
6.0%
Net Operating Income
$116,934
Building Size
10908 SF
Land Area
1.4 Acres
Remaining Term
3 years
Lease Expiration
09/30/2029
Lease Term
10 years
Lease Commencement
06/25/2019
Lease Type
NN
Year Built
1999
Occupancy
100%
Tenancy
Single
Rent Increases
$1 PSF increase at each option
AI illustration · Not the listed propertyProperty overview
Family Dollar in St. Petersburg
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 10,908 SF
- Land area
- 1.4 acres
- Year built
- 1999
- Lease type
- NN
- Lease expiration
- 09/30/2029
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.