Shopping Strip
Family Dollar Strip Center
134 N 4th St, Montpelier, ID 83254
Listing Price: $852,188
Investment Overview
Why Family Dollar Strip Center?
- Family Dollar's annual base rent increases 7.5% from $60,000 to $64,500 beginning January 1, 2027.
- Three tenants occupy the center's 12,180 SF. Both shop tenants renewed in 2024 and contribute $18,000 of forward base rent.
- Offered at approximately $70 per square foot for a fully occupied, anchored retail center.
- Positioned on the concurrent US-30 / US-89 corridor through Montpelier, the city's principal commercial route.
- The nearest identified competing national dollar-store location is Dollar General at 121 S. Washington Street in Afton, Wyoming, approximately 47 driving miles from the property.
- Family Dollar reimburses its 75.37% pro-rata share of real estate taxes, building property insurance and defined common area costs.
Family Dollar Strip Center
Investment Highlights
- Family Dollar has operated at the property since its 2005 construction, more than 20 years, and recently extended its commitmentthrough December 31, 2036.
- Family Dollar base rent increases 7.5% to $64,500 on January 1, 2027and both shop rents step to $750 per month on November 1, 2026. The Year 1 NOI above reflects those increases and is not current in-
- Multi-tenant retail center with a modified NNN anchor lease and two gross shop leases, on the concurrent US-30 / US-89 corridor,100% occupied across three tenants
Broker of Record
-
Adam Lewis
Senior Managing Director, Market Leader- Colorado/Idaho
Listing Price: $852,188
Investment Highlights
- Family Dollar has operated at the property since its 2005 construction, more than 20 years, and recently extended its commitmentthrough December 31, 2036.
- Family Dollar base rent increases 7.5% to $64,500 on January 1, 2027and both shop rents step to $750 per month on November 1, 2026. The Year 1 NOI above reflects those increases and is not current in-
- Multi-tenant retail center with a modified NNN anchor lease and two gross shop leases, on the concurrent US-30 / US-89 corridor,100% occupied across three tenants
Investment Overview
Why Family Dollar Strip Center? - Family Dollar's annual base rent increases 7.5% from $60,000 to $64,500 beginning January 1, 2027. - Three tenants occupy the center's 12,180 SF. Both shop tenants renewed in 2024 and contribute $18,000 of forward base rent. - Offered at approximately $70 per square foot for a fully occupied, anchored retail center. - Positioned on the concurrent US-30 / US-89 corridor through Montpelier, the city's principal commercial route. - The nearest identified competing national dollar-store location is Dollar General at 121 S. Washington Street in Afton, Wyoming, approximately 47 driving miles from the property. - Family Dollar reimburses its 75.37% pro-rata share of real estate taxes, building property insurance and defined common area costs.
Broker of Record
-
Adam Lewis
Senior Managing Director, Market Leader- Colorado/Idaho
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