Net Leased Family Dollar – Below $1M – Attractive Cap Rate
Retail / Posted 7 months ago by Bill Weitzenkorn, SWE Realty / 190 views
- Price : $908,668
- Cap Rate : 8.25%
- Net Operating Income : $74,965
- Tenant : Family Dollar
- Lease Type : NN
- Lease Term Remaining (Years) : 5
- Building Size (SF) : 8,650
- Land Area (Acres) : 1.46
- Year Built : Renovated 2018
- Freestanding Family Dollar Store
- Corporate Backed Net Lease
- Essential Business Classification during Covid-19
- 5% Rent Increases in each of the Options
- Main Corridor with Excellent Visibility
- Located near Lake Sinclair, home to 80,000 residents
- No direct competition in immediate market
- Located 1.2 miles from Baldwin High School creating additional traffic (the only public high school in Baldwin County)
- Less than 3 Miles to Georgia College & State University with 7,031 enrollment
- Approx. 29 miles from Macon, GA