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Discount

Family Dollar

924 US-71, Jackson, MN 56143

Listing Price: $400,000

Cap Rate
7.54%
Tenant Name
Family Dollar
Years Remaining On Lease
1.9
Gross SF
7,200
Guarantor
Corporate Guarantee
Rentable SF
7,200
Price/Gross SF
$55.56
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$4.19

Investment Overview

This Family Dollar location has an 18-year operating history. It is positioned right off of US-71, giving it great exposure to the 7,500+ vehicles that pass each day. There is one, five-year renewal option left, as well as two years remaining on the lease. This is a bite-size investment being priced well below the replacement cost. Retail drivers include Ace Hardware, Sunshine Foods, Subway, and more. The property is located about two miles away from the Jackson Municipal Airport MJQ, as well as less than a mile away from Jackson County Central High School (1,000+ enrolled students). Dollar Tree, the parent company, is publicly traded on the NASDAQ ("DLTR") and S&P rated "BBB-".

Investment Highlights

  • 18 Year Operating History ¦ Long-Term Historical Occupancy
  • Bite-Size Investment ¦ Priced Well Below Replacement Cost
  • Positioned Right Off of US-71 | Great Exposure to the 7,500+ Vehicles that Pass Each Day
  • One, Five-Year Renewal Option | 2 Years Remaining on Lease
  • Dollar Tree (Parent Company) is Publicly Traded on the NASDAQ ("DLTR") | S&P Rated "BBB-"
  • Retail Drivers Include Ace Hardware, Sunshine Foods, Subway, and More
  • Located About Two Miles from the Jackson Municipal Airport MJQ | Less than a Mile Away from Jackson County Central High School (1,000+ Enrolled Students)

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) MN: 40583288

    Minnesota

Discount

Family Dollar

Listing Price: $400,000

Cap Rate
7.54%
Tenant Name
Family Dollar
Years Remaining On Lease
1.9
Gross SF
7,200
Guarantor
Corporate Guarantee
Rentable SF
7,200
Price/Gross SF
$55.56
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$4.19

Investment Highlights

  • 18 Year Operating History ¦ Long-Term Historical Occupancy
  • Bite-Size Investment ¦ Priced Well Below Replacement Cost
  • Positioned Right Off of US-71 | Great Exposure to the 7,500+ Vehicles that Pass Each Day
  • One, Five-Year Renewal Option | 2 Years Remaining on Lease
  • Dollar Tree (Parent Company) is Publicly Traded on the NASDAQ ("DLTR") | S&P Rated "BBB-"
  • Retail Drivers Include Ace Hardware, Sunshine Foods, Subway, and More
  • Located About Two Miles from the Jackson Municipal Airport MJQ | Less than a Mile Away from Jackson County Central High School (1,000+ Enrolled Students)

Investment Overview

This Family Dollar location has an 18-year operating history. It is positioned right off of US-71, giving it great exposure to the 7,500+ vehicles that pass each day. There is one, five-year renewal option left, as well as two years remaining on the lease. This is a bite-size investment being priced well below the replacement cost. Retail drivers include Ace Hardware, Sunshine Foods, Subway, and more. The property is located about two miles away from the Jackson Municipal Airport MJQ, as well as less than a mile away from Jackson County Central High School (1,000+ enrolled students). Dollar Tree, the parent company, is publicly traded on the NASDAQ ("DLTR") and S&P rated "BBB-".

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): MN: 40583288

    Minnesota

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