Description
Recently constructed in 2022, this 10,532 square foot building on 2 acres was the home of a Family Dollar Dollar Tree that recently switched to Dollar Tree when DT sold FD. Initial term of lease runs until Dec 2032 $134,925/yr rent NNN makes it a 7.196% cap rate. 5, 5 year options remain after 2032 with a $0.50 per sq ft bump every 5 years. Large +/- 8,500 sq ft retail floor, 2 restrooms, office, and warehouse/storage in the rear. LED lighting, 4 Carrier HVAC units with Natural Gas, sprinkler system for landscaping, dumpster corral, pylon sign, LED parking lot lights, metal roof. Turnkey opportunity for a business to owner occupy.
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0BEDS
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2ACRES
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0BATHS
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01/2 BATHS
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10,532SQFT
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$178$/SQFT
School Ratings & Info
Description
Recently constructed in 2022, this 10,532 square foot building on 2 acres was the home of a Family Dollar Dollar Tree that recently switched to Dollar Tree when DT sold FD. Initial term of lease runs until Dec 2032 $134,925/yr rent NNN makes it a 7.196% cap rate. 5, 5 year options remain after 2032 with a $0.50 per sq ft bump every 5 years. Large +/- 8,500 sq ft retail floor, 2 restrooms, office, and warehouse/storage in the rear. LED lighting, 4 Carrier HVAC units with Natural Gas, sprinkler system for landscaping, dumpster corral, pylon sign, LED parking lot lights, metal roof. Turnkey opportunity for a business to owner occupy.
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