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Family Dollar | Extended 4 Times

206 E. 5th Avenue, Calvert City, KY 42029

Listing Price: $360,000

Cap Rate
9.01%
Tenant Name
Family Dollar
Years Remaining On Lease
2.5
Gross SF
8,000
Guarantor
No Guarantee
Rentable SF
8,000
Price/Gross SF
$45.00
Lease Type
Single Net
Rent Per Square Feet
$5.25

Investment Overview

The subject property is a freestanding Family Dollar store located in Calvert City, KY. Family Dollar has operated this location since 2001. They have extended the lease term on three (3) separate occasions, showing their strong commitment to the store. The current lease term is set to expire on December 31st, 2023.

Investment Highlights

  • 20-Year Operating History
  • Tenant Extended the Lease 4 Times Previously
  • Very Low Base Rent
  • Bite-Size Investment Opportunity | Just $360,000

Exclusively Listed By

  • Robby Pfeiffer

    Senior Vice President Investments

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (513) 878-7733

    License(s) KY: 242197

    Kentucky

Discount

Family Dollar | Extended 4 Times

Listing Price: $360,000

Cap Rate
9.01%
Tenant Name
Family Dollar
Years Remaining On Lease
2.5
Gross SF
8,000
Guarantor
No Guarantee
Rentable SF
8,000
Price/Gross SF
$45.00
Lease Type
Single Net
Rent Per Square Feet
$5.25

Investment Highlights

  • 20-Year Operating History
  • Tenant Extended the Lease 4 Times Previously
  • Very Low Base Rent
  • Bite-Size Investment Opportunity | Just $360,000

Investment Overview

The subject property is a freestanding Family Dollar store located in Calvert City, KY. Family Dollar has operated this location since 2001. They have extended the lease term on three (3) separate occasions, showing their strong commitment to the store. The current lease term is set to expire on December 31st, 2023.

Exclusively Listed By

  • Robby Pfeiffer

    Senior Vice President Investments

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (513) 878-7733

    License(s): KY: 242197

    Kentucky

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