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| Price $1,500,000 | Built/Renov 2015 | Tenant Family Dollar (Dark) |
| Cap Rate 8.56% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
9,180
| Lease Start
03-01-2016
| #Units
8,359
|
| Price/SF $163.40 | Expiration
03-31-2031
| Tenant Type Dollar/Discount |
| NOI $128,326 | R. Term 6.4 | Ownership Fee Simple |
| Rent/SF
$13.98
| Increases 10.0%/2/yrs | Pop 5Mi 25,280 |
| Lot/AC 1.36 | Options 6/5yrs/10% | AHHI 5Mi $104,970 |
| | |
Family Dollar is strategically located at the signalized, hard corner intersection of W Mulberry St and State Hwy 274, a major retail thoroughfare, with access to a combined daily traffic count of 30,000 vehicles. The property boasts excellent visibility with significant street frontage and a large pylon sign. Additionally, it enjoys direct access to State Hwy 288 (35,000 VPD) and is just 1...
...Signalized intersection
Hard corner intersection
Dense retail corridor
Highway location
Top 100 MSA
Income tax free state
Absolute NNN
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 stores...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 6,577 | 24,341 | 27,340 |
| 2024 Total Population : | 6,419 | 22,718 | 25,546 |
| 2024 Employed Civilian Pop : | 2,995 | 10,148 | 11,485 |
| 2024 Total Businesses : | 367 | 817 | 917 |
| 2024 Average Household Income : | $ 105,346 | $ 108,610 | $ 109,519 |
| 2024 Total Consumer Spending : | $ 210 M | $ 813 M | $ 912 M |
| 2024 Median Age : | 38 | 37 | 38 |
| 2024 Total Households : | 2,264 | 8,509 | 9,467 |
| 2024 Pop Age 25+: Bachelor's Degree : | 563 | 2,135 | 2,358 |
| 2024 Average Home Value : | $ 218,094 | $ 248,519 | $ 255,361 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| State Hwy 288B Bus | W Mulberry St | 2013 | 11,291 | 0.04 mi |
| West Mulberry Street | S Hancock St | 2022 | 14,952 | 0.04 mi |
| S Front St | W Orange St | 2006 | 40 | 0.06 mi |
| South Hancock Street | W Orange St | 2022 | 61 | 0.07 mi |
| State Hwy 288B Bus | W Mulberry St | 2013 | 13,549 | 0.08 mi |
| W Orange St | 2022 | 31 | 0.08 mi | |
| S Erskine St | W Peach St | 2006 | 210 | 0.09 mi |
| N Erskine St | W Myrtle St | 2006 | 710 | 0.09 mi |
| Front Street | W Peach St | 2022 | 13,386 | 0.09 mi |
| West Mulberry Street | S Front St | 2022 | 10,472 | 0.10 mi |
Whitney, TX
Cap Rate 7.75%
Lease NN+
R. Term 8.11 yrs
Size/SF 10,500
Savannah, GA
Cap Rate 8.25%
Lease Double NN
R. Term 1.10 yrs
Size/SF 9,014
Statesboro, GA
Cap Rate 7.75%
Lease Abs NNN
R. Term 6.40 yrs
Size/SF 8,320
Pilot Rock, OR
Cap Rate 8.50%
Lease NN+
R. Term 7.70 yrs
Size/SF 10,500
Midway, GA
Cap Rate 8.00%
Lease Double NN
R. Term 5.70 yrs
Size/SF 12,480
Brookfield, MA
Cap Rate 7.75%
Lease Abs NNN
R. Term 4.60 yrs
Size/SF 9,002
Nortonville, KY
Cap Rate 7.65%
Lease NN+
R. Term 6.40 yrs
Size/SF 9,180
Memphis, TN
Cap Rate 8.10%
Lease Double NN
R. Term 2.70 yrs
Size/SF 9,180
Atlanta, GA
Cap Rate 9.00%
Lease Double NN
R. Term 3.80 yrs
Size/SF 10,080
Bushnell, IL
Cap Rate 7.85%
Lease Double NN
R. Term 8.80 yrs
Size/SF 10,500
Henry, IL
Cap Rate 7.85%
Lease Double NN
R. Term 9.50 yrs
Size/SF 10,500
Mount Carmel, IL
Cap Rate 8.00%
Lease Double NN
R. Term 8.11 yrs
Size/SF 20,000
Andalusia, AL
Cap Rate 7.75%
Lease Double NN
R. Term 9.70 yrs
Size/SF 10,500
Rocky Top, TN
Cap Rate 7.80%
Lease NN+
R. Term 8.40 yrs
Size/SF 15,292
Wyoming, IL
Cap Rate 8.05%
Lease Double NN
R. Term 9.30 yrs
Size/SF 10,500
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
