Discount
Family Dollar | #2 Store in Florida (Placer.Ai)
695 Walnut St, Kissimmee, FL 34759
Listing Price: $1,530,000
Cap Rate
7.40%
Tenant Name
Family Dollar
Years Remaining On Lease
6.2
Guarantor
Corporate Guarantee
Rentable SF
8,320
Lease Type
Absolute Net
Rent Per Square Feet
$13.61
Investment Overview
Absolute NNN Family Dollar with 6+ Years of Term Remaining and Zero Landlord Responsibilities in Kissimmee, FL (Orlando MSA). Population within a 5-mile Radius Exceeds 75,000 (40% growth since 2010).
Investment Highlights
- #21 highest ranked Family Dollar nationwide, #2 highest ranked in Florida by Placer.ai
- Absolute NNN Lease - Zero Landlord Responsibilities
- Rental Increase Scheduled for August 2024
- CPI Rental Increases Every 3 Years (6% Max)
- Large, 1.5+ acre parcel on the corner of a signalized intersection
- 6+ Years of Base Term Remaining
Listing Price: $1,530,000
Cap Rate
7.40%
Tenant Name
Family Dollar
Years Remaining On Lease
6.2
Guarantor
Corporate Guarantee
Rentable SF
8,320
Lease Type
Absolute Net
Rent Per Square Feet
$13.61
Investment Highlights
- #21 highest ranked Family Dollar nationwide, #2 highest ranked in Florida by Placer.ai
- Absolute NNN Lease - Zero Landlord Responsibilities
- Rental Increase Scheduled for August 2024
- CPI Rental Increases Every 3 Years (6% Max)
- Large, 1.5+ acre parcel on the corner of a signalized intersection
- 6+ Years of Base Term Remaining
Investment Overview
Absolute NNN Family Dollar with 6+ Years of Term Remaining and Zero Landlord Responsibilities in Kissimmee, FL (Orlando MSA). Population within a 5-mile Radius Exceeds 75,000 (40% growth since 2010).