Discount
Family Dollar
400 S 6th St, Reading, PA 19602
Listing Price: $1,728,841
Cap Rate
7.25%
Tenant Name
Family Dollar
Years Remaining On Lease
9.7
Guarantor
Corporate Guarantee
Rentable SF
9,568
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$13.10
Investment Overview
RECENT LEASE EXTENSION | ABSOLUTE NNN – DEPRECIABLE ASSET | TOP NATIONAL PERFORMER (PLACER.AI)
Family Dollar
Investment Highlights
- RECENT LEASE EXTENSION | LONG-TERM COMMITMENT • Family Dollar recently extended its lease, demonstrating long-term commitment to the site • Close to 10 years of remaining lease term provide durable
- BUILT-IN NOI GROWTH • Lease includes 10% rental increases every 5 years during the base term • Continued 10% increases throughout all remaining 5-year option periods
- STRONG SITE PERFORMANCE | TOP 22% NATIONWIDE LOCATION • Property Ranks in the top 22% of locations nationally based on annual visits
Listing Price: $1,728,841
Cap Rate
7.25%
Tenant Name
Family Dollar
Years Remaining On Lease
9.7
Guarantor
Corporate Guarantee
Rentable SF
9,568
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$13.10
Investment Highlights
- RECENT LEASE EXTENSION | LONG-TERM COMMITMENT • Family Dollar recently extended its lease, demonstrating long-term commitment to the site • Close to 10 years of remaining lease term provide durable
- BUILT-IN NOI GROWTH • Lease includes 10% rental increases every 5 years during the base term • Continued 10% increases throughout all remaining 5-year option periods
- STRONG SITE PERFORMANCE | TOP 22% NATIONWIDE LOCATION • Property Ranks in the top 22% of locations nationally based on annual visits
Investment Overview
RECENT LEASE EXTENSION | ABSOLUTE NNN – DEPRECIABLE ASSET | TOP NATIONAL PERFORMER (PLACER.AI)
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