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| Price $3,452,000 | Built/Renov 2013 | Tenant Family Dollar |
| Cap Rate 6.18% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
9,180
| Lease Start
03-21-2013
| #Units
8,359
|
| Price/SF $376.03 | Expiration
06-30-2028
| Tenant Type Dollar/Discount |
| NOI $213,162 | R. Term 3.9 | Ownership Fee Simple |
| Rent/SF
$23.22
| Increases 10.0%/5/yrs | Pop 5Mi 110,078 |
| Lot/AC 0.93 | Options 3/5yrs/10% | AHHI 5Mi $76,127 |
| | |
Family Dollar is strategically located along highly traveled West 16th Street, with access to 22,300 vehicles passing by daily. Additionally, the property enjoys direct access to State Hwy 99. with 49,500 vehicles per day. Positioned in the central business district, this location provides convenient accessibility into the city of Merced and surrounding communities. The immediate area is...
...In location for years
Near major nationals
Strategically located
Freeway close
Dense 100M+ pop 5 mi
Favorable NN+ lease
Top performing store
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 | |
| 2028 Total Population : | 16,367 | 89,469 | 110,619 |
| 2023 Total Population : | 16,486 | 88,647 | 109,555 |
| 2023 Employed Civilian Pop : | 5,326 | 32,655 | 40,790 |
| 2023 Total Businesses : | 1,039 | 2,589 | 2,760 |
| 2023 Average Household Income : | $ 49,643 | $ 69,740 | $ 74,061 |
| 2023 Total Consumer Spending : | $ 232 M | $ 1734 M | $ 2196 M |
| 2023 Median Age : | 29 | 31 | 30 |
| 2023 Total Households : | 5,322 | 28,472 | 34,022 |
| 2023 Pop Age 25+: Bachelor's Degree : | 590 | 6,451 | 8,108 |
| 2023 Average Home Value : | $ 314,059 | $ 384,111 | $ 408,540 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| W 16th St | Mlk Jr Way | 2006 | 28,138 | 0.03 mi |
| Martin Luther King Jr Way | W 15th St | 2010 | 17,200 | 0.07 mi |
| W 16th St | I St | 2006 | 19,306 | 0.12 mi |
| Canal St | W 15th St | 2000 | 1,153 | 0.14 mi |
| Martin Luther King Jr Way | W 14th St | 2010 | 17,200 | 0.14 mi |
| W 16th St | Canal St | 2006 | 27,549 | 0.16 mi |
| W 18th St | K St | 2006 | 5,023 | 0.18 mi |
| W 18th St | Mlk Jr Way | 2006 | 5,213 | 0.20 mi |
| CA 59 | State Rte 99 | 2021 | 46,750 | 0.21 mi |
| Martin Luther King Jr Way | W 18th St | 2000 | 3,997 | 0.21 mi |
Athens, GA
Cap Rate 6.75%
Lease Double NN
R. Term 10.10 yrs
Size/SF 10,000
Lakeland, FL
Cap Rate 6.35%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 12,774
Fort Walton Beach, FL
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 10,640
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
