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Family Dollar | Orlando, FL | 97th Percentile PlacerAI

6410 Clarcona Ocoee Rd, Pine Hills, FL 32818

Listing Price: $1,842,000

Cap Rate
7.00%
Tenant Name
Family Dollar
Years Remaining On Lease
4.3
Guarantor
Corporate Guarantee
Rentable SF
8,380
Lease Type
Double Net
Rent Per Square Feet
$15.39

Investment Overview

LEASE:
- NN - Minimal Landlord Responsibilities
- 4.4 Years Remaining on the Original 10-Year Base Term
- 5% Rent Increases in the Options
- Newer Construction (built in 2019)

LOCATION / ORLANDO, FL:
- Orlando has the second-fastest growth rate of the 30 largest cities in America.
- Orlando’s population growth has been among the highest in the country.
- Orlando is welcoming more than 1,000 new residents a week
- Incredible demographics, linear to tenant’s customer base:
- Population: 12,280 (one-mile) | 97,908 (three-mile)
- Average Household income: $73,543 (one-mile) | $69,894 (three- mile)

PLACERAI:
- This store ranks in the top 97th Percentile for Family Dollars nationwide, in Florida, and in a 30-mile radius

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 Canadian provinces

Investment Highlights

  • LEASE - NN - Minimal Landlord Responsibilities - 4.4 Years Remaining on the Original 10-Year Base Term - 5% Rent Increases in the Options - Newer Construction (built in 2019)
  • LOCATION / ORLANDO, FL Orlando has the second-fastest growth rate of the 30 largest cities in America. - Orlando's population growth has been among the highest in the country.
  • PLACERAI - This store ranks in the top 97th Percentile for Family Dollars nationwide, in Florida, and in a 30-mile radius

Exclusively Listed By

Financing By

Discount

Family Dollar | Orlando, FL | 97th Percentile PlacerAI

Listing Price: $1,842,000

Cap Rate
7.00%
Tenant Name
Family Dollar
Years Remaining On Lease
4.3
Guarantor
Corporate Guarantee
Rentable SF
8,380
Lease Type
Double Net
Rent Per Square Feet
$15.39

Investment Highlights

  • LEASE - NN - Minimal Landlord Responsibilities - 4.4 Years Remaining on the Original 10-Year Base Term - 5% Rent Increases in the Options - Newer Construction (built in 2019)
  • LOCATION / ORLANDO, FL Orlando has the second-fastest growth rate of the 30 largest cities in America. - Orlando's population growth has been among the highest in the country.
  • PLACERAI - This store ranks in the top 97th Percentile for Family Dollars nationwide, in Florida, and in a 30-mile radius

Investment Overview

LEASE: - NN - Minimal Landlord Responsibilities - 4.4 Years Remaining on the Original 10-Year Base Term - 5% Rent Increases in the Options - Newer Construction (built in 2019) LOCATION / ORLANDO, FL: - Orlando has the second-fastest growth rate of the 30 largest cities in America. - Orlando’s population growth has been among the highest in the country. - Orlando is welcoming more than 1,000 new residents a week - Incredible demographics, linear to tenant’s customer base: - Population: 12,280 (one-mile) | 97,908 (three-mile) - Average Household income: $73,543 (one-mile) | $69,894 (three- mile) PLACERAI: - This store ranks in the top 97th Percentile for Family Dollars nationwide, in Florida, and in a 30-mile radius 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 Canadian provinces

Exclusively Listed By

Financing By

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