Family Dollar - Net Lease Property for Sale
Key Investment Metrics
Price
$1,634,063
Cap Rate
8.0%
Net Operating Income
$130,725
Building Size
10500 SF
Lot Size
10,500 SF
Land Area
0.75 Acres
Remaining Term
9 years
Lease Expiration
07/30/2034
Lease Term
10 years
Lease Commencement
07/01/2024
Lease Type
NN+
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2024
Occupancy
100%
Tenancy
Single
Rent Increases
$5,250 in Options ( $0.50/PSF)
About This Family Dollar Net Lease Property
This Family Dollar NNN (triple net lease) property is located in , and represents an excellent investment opportunity for commercial real estate investors. The property features 10500 square feet of building space and was built in 2024.
With a cap rate of 8.0%, this Family Dollar net lease property offers stable income potential. The asking price is $1,634,063, 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.
, Market Overview
Located in , , this Family Dollar property benefits from strong local demographics and market fundamentals. The area offers excellent visibility and accessibility, making it an ideal location for Family Dollar operations and a solid investment for net lease property buyers.