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Discount

Family Dollar

307 Main St, Fairview, WV 26570

Listing Price: $882,588

Cap Rate
8.50%
Tenant Name
Family Dollar
Years Remaining On Lease
2.1
Guarantor
Corporate Guarantee
Rentable SF
8,000
Lease Type
Double Net
Rent Per Square Feet
$9.38

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing a Family Dollar property located on 307 Main St., Fairview, WV 26570 The site consists of roughly 8,000 rentable square feet of building space on an estimated 0.61-acres of land. The property is subject to a 2.3 year double-net (NN) lease, which commenced on January 15th 2003. The current annual rent is $75,020 and is scheduled to increase during the tenant renewal option periods by 10%.

Investment Highlights

  • 2.3 Year Double Net (NN) Lease with Minimal Landlord Responsibilities
  • Two (2) –Five (5) Year Options to Renew –Brining Potential Lease Term up to approximately 13 Years.
  • 10% Rental Increases Throughout Tenant Renewal Option Periods

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

  • Judson Kauffman

    Licensed Real Estate Salesperson

    (212) 430-5204

    Email Judson

    License(s): NY: 40KA1034273, NY: 10401296108

    Manhattan

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s) WV0019009

    West Virginia

Discount

Family Dollar

Listing Price: $882,588

Cap Rate
8.50%
Tenant Name
Family Dollar
Years Remaining On Lease
2.1
Guarantor
Corporate Guarantee
Rentable SF
8,000
Lease Type
Double Net
Rent Per Square Feet
$9.38

Investment Highlights

  • 2.3 Year Double Net (NN) Lease with Minimal Landlord Responsibilities
  • Two (2) –Five (5) Year Options to Renew –Brining Potential Lease Term up to approximately 13 Years.
  • 10% Rental Increases Throughout Tenant Renewal Option Periods

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing a Family Dollar property located on 307 Main St., Fairview, WV 26570 The site consists of roughly 8,000 rentable square feet of building space on an estimated 0.61-acres of land. The property is subject to a 2.3 year double-net (NN) lease, which commenced on January 15th 2003. The current annual rent is $75,020 and is scheduled to increase during the tenant renewal option periods by 10%.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

  • Judson Kauffman

    Licensed Real Estate Salesperson

    (212) 430-5204

    Email Judson

    License(s): NY: 40KA1034273, NY: 10401296108

    Manhattan

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s): WV0019009

    West Virginia

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