Discount

Family Dollar Dollar Tree- New Combined Brand

303 S Main St, Linden, AL 36748

Listing Price: $1,790,000

Cap Rate
6.80%
Tenant Name
Family Dollar | Dollar Tree
Years Remaining On Lease
10.6
Guarantor
Corporate Guarantee
Rentable SF
10,500
Lease Type
Double Net
Rent Per Square Feet
$11.60

Investment Overview

Family Dollar|Dollar Tree new concept store. First new concept store on the market. 10 yr NN lease with 6-5 yr options with 5% increases at each renewal. Family Dollar has been in this market over 20 years and this is a relocation store.

Investment Highlights

  • BRAND NEW 10-YEAR NN LEASE
  • BRAND NEW CONCEPT - FAMILY DOLLAR/DOLLAR TREE COMBINED
  • RELOCATION STORE | STRONG RETAIL CORRIDOR LOCATION
  • FAMILY DOLLAR HAS BEEN IN THE MARKET OVER 20 YEARS
  • FAMILY DOLLAR HAS SPENT OVER $300,000 ON INTERIOR IMPROVEMENTS

Broker of Record

  • Eddie Greenhalgh

    First Vice President Investments

    License(s): AL: 0000882980

    Alabama

Discount

Family Dollar Dollar Tree- New Combined Brand

Listing Price: $1,790,000

Cap Rate
6.80%
Tenant Name
Family Dollar | Dollar Tree
Years Remaining On Lease
10.6
Guarantor
Corporate Guarantee
Rentable SF
10,500
Lease Type
Double Net
Rent Per Square Feet
$11.60

Investment Highlights

  • BRAND NEW 10-YEAR NN LEASE
  • BRAND NEW CONCEPT - FAMILY DOLLAR/DOLLAR TREE COMBINED
  • RELOCATION STORE | STRONG RETAIL CORRIDOR LOCATION
  • FAMILY DOLLAR HAS BEEN IN THE MARKET OVER 20 YEARS
  • FAMILY DOLLAR HAS SPENT OVER $300,000 ON INTERIOR IMPROVEMENTS

Investment Overview

Family Dollar|Dollar Tree new concept store. First new concept store on the market. 10 yr NN lease with 6-5 yr options with 5% increases at each renewal. Family Dollar has been in this market over 20 years and this is a relocation store.

Broker of Record

  • Eddie Greenhalgh

    First Vice President Investments

    License(s): AL: 0000882980

    Alabama

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