Discount
Family Dollar I Rare Rent Increase I Dense Area
826 Veterans Pkwy, Columbus, GA 31901
Listing Price: $2,063,555
Investment Overview
Absolute Net (NNN) Family Dollar Located at the Heavily Trafficked Signalized Intersection of Veterans Parkway (16,900 Vehicles Per Day (VPD)) and 9th Street. Lease Features Nearly 8 Years Remaining on the Base Term with a 10 Percent Rent Increase In Year 11 and in Each Option to Hedge Against Inflation. Subject Property is Surrounded by a Number of Government Agencies and Retailers. Area Benefits from a Daytime Population that Exceeds 18,000 Within a 1-Mile Radius Providing Consistent Activity During Hours of Operation. Situated in an Area with Over 135,000 People Living Within a 5-Mile Radius with an Average Household Income Exceeding $55,000. Lease Corporately Guaranteed by Family Dollar with 8,200 Locations in the U.S. and 60,000 Employees.
Family Dollar I Rare Rent Increase I Dense Area
Investment Highlights
- Passive Income —- Absolute Net (NNN) Family Dollar Located at the Heavily Trafficked Signalized Intersection of Veterans Parkway (16,900 Vehicles Per Day (VPD)) and 9th Street
- Lease Term Remaining --- Lease Features Nearly 8 Years Remaining on the Base Term with a 10 Percent Rent Increase In Year 11 and in Each Option to Hedge Against Inflation
- Active Government Agency and Retail Corridor --- Subject Property is Surrounded by a Number of Government Agencies and Retailers
- Strong Daytime Population --- Area Benefits from a Daytime Population that Exceeds 18,000 Within a 1-Mile Radius Providing Consistent Activity During Hours of Operation
- Excellent Demographics --- Situated in an Area with Over 135,000 People Living Within a 5-Mile Radius with an Average Household Income Exceeding $55,000
- Investment Grade Credit ---Lease Corporately Guaranteed by Family Dollar with 8,200 Locations in the U.S. and 60,000 Employees
Listing Price: $2,063,555
Investment Highlights
- Passive Income —- Absolute Net (NNN) Family Dollar Located at the Heavily Trafficked Signalized Intersection of Veterans Parkway (16,900 Vehicles Per Day (VPD)) and 9th Street
- Lease Term Remaining --- Lease Features Nearly 8 Years Remaining on the Base Term with a 10 Percent Rent Increase In Year 11 and in Each Option to Hedge Against Inflation
- Active Government Agency and Retail Corridor --- Subject Property is Surrounded by a Number of Government Agencies and Retailers
- Strong Daytime Population --- Area Benefits from a Daytime Population that Exceeds 18,000 Within a 1-Mile Radius Providing Consistent Activity During Hours of Operation
- Excellent Demographics --- Situated in an Area with Over 135,000 People Living Within a 5-Mile Radius with an Average Household Income Exceeding $55,000
- Investment Grade Credit ---Lease Corporately Guaranteed by Family Dollar with 8,200 Locations in the U.S. and 60,000 Employees
Investment Overview
Absolute Net (NNN) Family Dollar Located at the Heavily Trafficked Signalized Intersection of Veterans Parkway (16,900 Vehicles Per Day (VPD)) and 9th Street. Lease Features Nearly 8 Years Remaining on the Base Term with a 10 Percent Rent Increase In Year 11 and in Each Option to Hedge Against Inflation. Subject Property is Surrounded by a Number of Government Agencies and Retailers. Area Benefits from a Daytime Population that Exceeds 18,000 Within a 1-Mile Radius Providing Consistent Activity During Hours of Operation. Situated in an Area with Over 135,000 People Living Within a 5-Mile Radius with an Average Household Income Exceeding $55,000. Lease Corporately Guaranteed by Family Dollar with 8,200 Locations in the U.S. and 60,000 Employees.
