Discount
Family Dollar | Very Strong Sales
5800 N Main St, Dayton, OH 45415
Listing Price: $1,460,000
Cap Rate
8.50%
Tenant Name
Family Dollar
Years Remaining On Lease
5.4
Guarantor
Corporate Guarantee
Rentable SF
8,320
Lease Type
Double Net
Rent Per Square Feet
$14.92
Investment Overview
FAMILY DOLLAR
• FAMILY DOLLAR RECENTLY PURCHASED FOR $1 BILLION
• 7,000+ FAMILY DOLLAR LOCATIONS
• NATIONAL BRAND COMPANY
• NET SALES OF $13.25 BILLION IN 2024
Investment Highlights
- CORNER LOT LOCATION AT SIGNALIZED INTERSECTION
- STRONG REPORTED STORE SALES | CONTACT AGENT
- TENANT JUST EXERCISED RENEWAL OPTION WITH 24% RENTAL INCREASE
- 10% RENTAL INCREASES EVERY 5 YEARS MOVING FORWARD
- DOUBLE-NET (NN) LEASE WITH MINIMAL LANDLORD RESPONSIBILITIES
- CORPORATE GUARANTEE FROM FAMILY DOLLAR STORES, INC
- TENANT FULLY RESPONSIBLE FOR HVAC UNITS
- DENSE LOCATION | 136,000+ 5-MILE POPULATION
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Executive Managing Director / Chief Revenue Officer
Listing Price: $1,460,000
Cap Rate
8.50%
Tenant Name
Family Dollar
Years Remaining On Lease
5.4
Guarantor
Corporate Guarantee
Rentable SF
8,320
Lease Type
Double Net
Rent Per Square Feet
$14.92
Investment Highlights
- CORNER LOT LOCATION AT SIGNALIZED INTERSECTION
- STRONG REPORTED STORE SALES | CONTACT AGENT
- TENANT JUST EXERCISED RENEWAL OPTION WITH 24% RENTAL INCREASE
- 10% RENTAL INCREASES EVERY 5 YEARS MOVING FORWARD
- DOUBLE-NET (NN) LEASE WITH MINIMAL LANDLORD RESPONSIBILITIES
- CORPORATE GUARANTEE FROM FAMILY DOLLAR STORES, INC
- TENANT FULLY RESPONSIBLE FOR HVAC UNITS
- DENSE LOCATION | 136,000+ 5-MILE POPULATION
Investment Overview
FAMILY DOLLAR • FAMILY DOLLAR RECENTLY PURCHASED FOR $1 BILLION • 7,000+ FAMILY DOLLAR LOCATIONS • NATIONAL BRAND COMPANY • NET SALES OF $13.25 BILLION IN 2024
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Executive Managing Director / Chief Revenue Officer