Discount
Family Dollar
1735 S 4th St, Allentown, PA 18103
Listing Price: $1,986,070
Cap Rate
7.25%
Tenant Name
Family Dollar
Years Remaining On Lease
12.2
Guarantor
Corporate Guarantee
Rentable SF
8,320
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.31
Investment Overview
RECENT LEASE EXTENSION | ABSOLUTE NNN – DEPRECIABLE ASSET | TOP NATIONAL PERFORMER (PLACER.AI)
Investment Highlights
- RECENT LEASE EXTENSION | LONG-TERM COMMITMENT • Family Dollar recently extended its lease, demonstrating long-term commitment to the site • Over 12 years of remaining lease term provide durable cash
- BUILT-IN NOI GROWTH • Lease includes 5% rental increases every 5 years during the base term • Continued 5% increases throughout all remaining 5-year option periods
- STRONG SITE PERFORMANCE | TOP 31% NATIONWIDE LOCATION • Property ranks in the top 31% of locations nationally based on annual visits
Listing Price: $1,986,070
Cap Rate
7.25%
Tenant Name
Family Dollar
Years Remaining On Lease
12.2
Guarantor
Corporate Guarantee
Rentable SF
8,320
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.31
Investment Highlights
- RECENT LEASE EXTENSION | LONG-TERM COMMITMENT • Family Dollar recently extended its lease, demonstrating long-term commitment to the site • Over 12 years of remaining lease term provide durable cash
- BUILT-IN NOI GROWTH • Lease includes 5% rental increases every 5 years during the base term • Continued 5% increases throughout all remaining 5-year option periods
- STRONG SITE PERFORMANCE | TOP 31% NATIONWIDE LOCATION • Property ranks in the top 31% of locations nationally based on annual visits
Investment Overview
RECENT LEASE EXTENSION | ABSOLUTE NNN – DEPRECIABLE ASSET | TOP NATIONAL PERFORMER (PLACER.AI)