Discount
Family Dollar | NNN Lease | Huge Demographics
1510 Heiskell Ave, Knoxville, TN 37921
Listing Price: $1,776,613
Cap Rate
7.50%
Tenant Name
Family Dollar
Years Remaining On Lease
4.9
Guarantor
Corporate Guarantee
Rentable SF
8,320
Lease Type
Absolute Net
Rent Per Square Feet
$16.02
Investment Overview
DOLLAR TREE
• DOLLAR TREE ACQUIRED FAMILY DOLLAR IN 2015
• DOLLAR TREE IS PUBLICLY TRADED ON NASDAQ
• INVESTMENT GRADE TENANT | BBB RATING ON STANDARD & POORS
• RANKED #137 ON FORTUNE 500 LIST
• 16,000+ STORES IN 48 STATES
• SALES OF $28.3 BILLION IN 2022
Investment Highlights
- RARE ABSOLUTE NNN FAMILY DOLLAR LEASE
- RENTAL INCREASES EVERY 3 YEARS
- 5+ YEARS REMAINING ON CURRENT TERM
- CORPORATE LEASE GUARANTY FROM FAMILY DOLLAR STORES, INC
- JUST OFF INTERSTATE-275 | 60,735 VPD
- OUTSTANDING DEMOGRAPHICS | 166,000+ 5-MILE POPULATION
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,776,613
Cap Rate
7.50%
Tenant Name
Family Dollar
Years Remaining On Lease
4.9
Guarantor
Corporate Guarantee
Rentable SF
8,320
Lease Type
Absolute Net
Rent Per Square Feet
$16.02
Investment Highlights
- RARE ABSOLUTE NNN FAMILY DOLLAR LEASE
- RENTAL INCREASES EVERY 3 YEARS
- 5+ YEARS REMAINING ON CURRENT TERM
- CORPORATE LEASE GUARANTY FROM FAMILY DOLLAR STORES, INC
- JUST OFF INTERSTATE-275 | 60,735 VPD
- OUTSTANDING DEMOGRAPHICS | 166,000+ 5-MILE POPULATION
Investment Overview
DOLLAR TREE • DOLLAR TREE ACQUIRED FAMILY DOLLAR IN 2015 • DOLLAR TREE IS PUBLICLY TRADED ON NASDAQ • INVESTMENT GRADE TENANT | BBB RATING ON STANDARD & POORS • RANKED #137 ON FORTUNE 500 LIST • 16,000+ STORES IN 48 STATES • SALES OF $28.3 BILLION IN 2022
Exclusively Listed By
Broker of Record
Financing By
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