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Family Dollar

10205 Commerce St, Summerville, GA 30747

Listing Price: $1,590,534

Cap Rate
6.00%
Tenant Name
Family Dollar, Inc.
Years Remaining On Lease
7.3
Guarantor
Corporate Guarantee
Rentable SF
9,180
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.40

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Family Dollar property located in 10205 Commerce St, Summerville, GA 30747. The site consists of roughly 8,320 rentable square feet of building space on a combined estimated 1.7-acres of land. The property is subject to an 7.37-year absolute triple-net (NNN) lease, which commenced on store opening date, on September 30th , 2014. The current annual rent is $95,432 and is scheduled to increase by ten percent (10%) every Five (5) years beginning Lease Year 11 and throughout the renewal option periods.

Investment Highlights

  • Long-Term, Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Approximately 7.37 Years of Term Remaining
  • Corporate Tenant | Corporate Guaranty

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

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Listing Price: $1,590,534

Cap Rate
6.00%
Tenant Name
Family Dollar, Inc.
Years Remaining On Lease
7.3
Guarantor
Corporate Guarantee
Rentable SF
9,180
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.40

Investment Highlights

  • Long-Term, Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Approximately 7.37 Years of Term Remaining
  • Corporate Tenant | Corporate Guaranty

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Family Dollar property located in 10205 Commerce St, Summerville, GA 30747. The site consists of roughly 8,320 rentable square feet of building space on a combined estimated 1.7-acres of land. The property is subject to an 7.37-year absolute triple-net (NNN) lease, which commenced on store opening date, on September 30th , 2014. The current annual rent is $95,432 and is scheduled to increase by ten percent (10%) every Five (5) years beginning Lease Year 11 and throughout the 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

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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