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Discount

Family Dollar | NNN With Increases

2538 Northside Dr W, Statesboro, GA 30458

Listing Price: $1,498,000

Cap Rate
7.00%
Tenant Name
Family Dollar
Years Remaining On Lease
6.9
Guarantor
Corporate Guarantee
Rentable SF
8,320
Lease Type
Absolute Net
Rent Per Square Feet
$12.60

Investment Overview

FAMILY DOLLAR | 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 LEASE | NO LANDLORD EXPENSES
  • 10% INCREASE SCHEDULED IN APRIL, 2026 | CAP RATE JUMPS TO 7.70%
  • 10% RENTAL INCREASES EVERY RENEWAL OPTION
  • 7+/- YEARS REMAINING ON CURRENT TERM
  • STRONG DEMOGRAPHICS | 49,000+ 5-MILE POPULATION
  • MINUTES FROM GEORGIA SOUTHERN UNIVERSITY | 27,000+ ENROLLMENT

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Financing By

Discount

Family Dollar | NNN With Increases

Listing Price: $1,498,000

Cap Rate
7.00%
Tenant Name
Family Dollar
Years Remaining On Lease
6.9
Guarantor
Corporate Guarantee
Rentable SF
8,320
Lease Type
Absolute Net
Rent Per Square Feet
$12.60

Investment Highlights

  • RARE ABSOLUTE NNN LEASE | NO LANDLORD EXPENSES
  • 10% INCREASE SCHEDULED IN APRIL, 2026 | CAP RATE JUMPS TO 7.70%
  • 10% RENTAL INCREASES EVERY RENEWAL OPTION
  • 7+/- YEARS REMAINING ON CURRENT TERM
  • STRONG DEMOGRAPHICS | 49,000+ 5-MILE POPULATION
  • MINUTES FROM GEORGIA SOUTHERN UNIVERSITY | 27,000+ ENROLLMENT

Investment Overview

FAMILY DOLLAR | 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

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Financing By

MM Texture Background
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