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| Price $395,000 | Built/Renov 1990 | Tenant Family Dollar |
| Cap Rate 9.73% | Lease Type
Modified Gross | Guarantor Corp T and Rated |
| Size/SF
7,012
| Lease Start
05-23-1990
| #Units
8,359
|
| Price/SF $56.33 | Expiration
12-31-2027
| Tenant Type Dollar/Discount |
| NOI $38,426 | R. Term 3.1 | Ownership Fee Simple |
| Rent/SF
$5.48
| Increases 3.8%/2/yrs | Pop 5Mi 18,447 |
| Lot/AC 0.83 | Options 1/5yrs/3.75% | AHHI 5Mi $63,659 |
| | |
Family Dollar is strategically located on East Main Street, with access to 8,950 vehicles passing by daily. The property is situated in a prime retail corridor, surrounded by well-known national tenants such as CVS, Ace Hardware, Domino's, U.S. Bank, Circle K, and more. Additionally, it is just 4.5 miles from Lake Erie, a popular tourist destination. The 5-mile trade area supports a population...
...Build to suit
In location for years
Dense retail corridor
Near major nationals
Strategically located
Top 100 MSA
Long operation history
Traded and rated company
Corporate Guarantee
Investment grade tenant
Family Dollar is an American retail, variety discount store chain, with over 8,000 locations in all states except Alaska and Hawaii. The chain operates general merchandise retail discount...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 5,261 | 9,672 | 17,085 |
| 2024 Total Population : | 5,324 | 9,772 | 17,271 |
| 2024 Employed Civilian Pop : | 2,297 | 4,497 | 7,789 |
| 2024 Total Businesses : | 269 | 401 | 687 |
| 2024 Average Household Income : | $ 61,316 | $ 71,986 | $ 77,857 |
| 2024 Total Consumer Spending : | $ 130 M | $ 268 M | $ 509 M |
| 2024 Median Age : | 44 | 46 | 47 |
| 2024 Total Households : | 2,363 | 4,156 | 7,286 |
| 2024 Pop Age 25+: Bachelor's Degree : | 429 | 1,036 | 1,814 |
| 2024 Average Home Value : | $ 179,144 | $ 201,905 | $ 223,314 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| East Main Street | Woodlawn St | 2021 | 7,624 | 0.10 mi |
| North Broadway | Loveland Ct | 2021 | 3,686 | 0.15 mi |
| E Main St | S Cedar St | 2016 | 8,045 | 0.20 mi |
| Walnut Street | Grant St | 2021 | 1,817 | 0.27 mi |
| Blaine Street | Orchard St | 2021 | 132 | 0.33 mi |
| N Broadway St | Water St | 2012 | 4,670 | 0.35 mi |
| North Eagle Street | Pleasant Ave | 2021 | 1,181 | 0.41 mi |
| Centennial Street | Burr St | 2021 | 2,363 | 0.47 mi |
| S Broadway St | W Liberty St | 2016 | 9,749 | 0.47 mi |
| North Avenue | 2nd St | 2021 | 634 | 0.48 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
