$2,418,814 USD
310-971-3892
HIGHLIGHTS
- Approximately 7 Years Remaining in Existing Lease Term (Lease Exp: 03/31/2032)
- 2016 Build-to-Suit Construction – 9,200 SF Building – 1.017 Acre Parcel
- Guaranteed 10% Rent Increase in 24 Months (April 2027) – Cap Rate Increases to an 8.25% (Assuming a Purchase at List Price)
- Strong Placer.ai Data | 172,100 Annual Visits = Top 9% Nationwide
- 3-Mile Demographics: 182,434 Residents; $72,416 Average Household Income
- Strong Corporate Guaranty (NASDAQ: “DLTR”) – Dollar Tree Inc. is Rated “BBB-“ by Standard & Poor’s
FOR SALE DETAILS
PRICE
$2,418,814 USD
PRICE/SF
$263 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Family Dollar
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
1.02 AC
LAND SF
44,431 SF
ZONING
C-2
APN/PARCEL ID
20-04-2244A-002
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310-971-3892
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310-971-3892
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