Discount
Family Dollar | Tampa, FL
3021 S 78th St, Tampa, FL 33619
Listing Price: $1,656,000
Investment Overview
LEASE
- NNN – No Landlord responsibilities
- 9-Years remaining on the original 15-year base term
- NOI - $115,968 (Years 1-10)
- 5% rent increases every 5-years, starting at Year 10
- Six, 5-year options
- Newer Construction (built in 2017)
TAMPA, FL
- Tampa continues to rank as one of the top cities people are interested in and moving to in 2024
- Ideal demographics linear with tenant’s target customer
- Extremely dense population surrounding subject property: 13,782 (one-mile) | 57,945 (three-mile) | 155,739 (five-mile)
INVESTMENT GRADE TENANT
- Dollar Tree / Family Dollar is a publicly traded (NYSE: DLTR) Fortune 500 company with an S&P investment grade credit rating of BBB
- Dollar Tree / Family Dollar operate 16,340+ stores across 48 states and give Canadian provinces.
- Dollar Tree has been in business for 70 years and has a current net worth of $26.6 billion
Family Dollar | Tampa, FL
Investment Highlights
- LEASE -NNN – No Landlord responsibilities -9-Years remaining on the original 15-year base term -NOI - $115,968 (Years 1-10) -5% rent increases every 5-years, starting at Year 10 -Six, 5-year options
- TAMPA, FL -Tampa continues to rank as one of the top cities people are interested in and moving to in 2024 -Ideal demographics linear with tenant's target customer -Extremely dense population
- INVESTMENT GRADE TENANT -Dollar Tree / Family Dollar is a publicly traded (NYSE: DLTR) Fortune 500 company with an S&P-investment grade credit rating of BBB -16,340 (number of locations)
Exclusively Listed By
Financing By
Listing Price: $1,656,000
Investment Highlights
- LEASE -NNN – No Landlord responsibilities -9-Years remaining on the original 15-year base term -NOI - $115,968 (Years 1-10) -5% rent increases every 5-years, starting at Year 10 -Six, 5-year options
- TAMPA, FL -Tampa continues to rank as one of the top cities people are interested in and moving to in 2024 -Ideal demographics linear with tenant's target customer -Extremely dense population
- INVESTMENT GRADE TENANT -Dollar Tree / Family Dollar is a publicly traded (NYSE: DLTR) Fortune 500 company with an S&P-investment grade credit rating of BBB -16,340 (number of locations)
Investment Overview
LEASE - NNN – No Landlord responsibilities - 9-Years remaining on the original 15-year base term - NOI - $115,968 (Years 1-10) - 5% rent increases every 5-years, starting at Year 10 - Six, 5-year options - Newer Construction (built in 2017) TAMPA, FL - Tampa continues to rank as one of the top cities people are interested in and moving to in 2024 - Ideal demographics linear with tenant’s target customer - Extremely dense population surrounding subject property: 13,782 (one-mile) | 57,945 (three-mile) | 155,739 (five-mile) INVESTMENT GRADE TENANT - Dollar Tree / Family Dollar is a publicly traded (NYSE: DLTR) Fortune 500 company with an S&P investment grade credit rating of BBB - Dollar Tree / Family Dollar operate 16,340+ stores across 48 states and give Canadian provinces. - Dollar Tree has been in business for 70 years and has a current net worth of $26.6 billion
Exclusively Listed By
Financing By
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