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An NNN Capital Company
STNL Property Video
Price
$588,000
The Deal in 30 Seconds
Ryan Day
Deal Highlights
RIGHT-SIZE RENT: at $4.59/SF, this is a rare opportunity to add value to the property.
LUCRATIVE RENTAL ESCALATION: Lease entails a 42.5% rental increase in 2027 & 10% increase in 2032.
44-YEAR OPERATING HISTORY: Lease commencement took place in 1981. Family Dollar has been operating this location for over 44 years!
8.5%
Cap Rate
NN
Lease Type
2 Years
Term Remaining
$50,000
NOI
10,890 sqft
Bldg Size
0.71 Acres
Lot Size
1981
Year Built
$55,773
3 Mile HHI
5,846
3 Mile Pop
Landlord Responsibilities: Roof & Structure, HVAC
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