Property Details

Family Dollar NNN
Multiple States, US

Price
$1,100,000
GRM
 
GSI
$0  
NOI
$81,200  
CAP Rate
7.38  
Units
1  
Price/unit
$1,100,000  
Square Footage
7,550  
Price/sqft
$146  
Lot Size (sqft)
38,200  
Year Built
2014  

Property Description

One of the largest discount retailers in the US, Family Dollar is still gaining and appeal from net lease investors. Family Dollar holds investment grade credit ratings from S&P (BBB-) and Moody's (Baa3) and operates under a favorable landlord net lease structure. Free-standing Family Dollar retail stores provide an attractive combination of a long-term lease, investment grade credit, and a growing market concept that continues to capture value conscious shoppers, which boosts store productivity and allows growth.

The double net (NN) Lease is a corporate guaranteed with 9+ years remaining, minimal landlord responsibilities (except roof & structure).

We have two separate opportunities for Family Dollar NN Leases right now, Tennessee and Pennsylvania.

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