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Discount

Family Dollar | #2 Store in Florida (Placer.Ai)

695 Walnut St, Kissimmee, FL 34759

Listing Price: $1,530,000

Cap Rate
7.40%
Tenant Name
Family Dollar
Years Remaining On Lease
6.3
Guarantor
Corporate Guarantee
Rentable SF
8,320
Lease Type
Absolute Net
Rent Per Square Feet
$13.61

Investment Overview

Absolute NNN Family Dollar with 6+ Years of Term Remaining and Zero Landlord Responsibilities in Kissimmee, FL (Orlando MSA). Population within a 5-mile Radius Exceeds 75,000 (40% growth since 2010).

Investment Highlights

  • #21 highest ranked Family Dollar nationwide, #2 highest ranked in Florida by Placer.ai
  • Absolute NNN Lease - Zero Landlord Responsibilities
  • Rental Increase Scheduled for August 2024
  • CPI Rental Increases Every 3 Years (6% Max)
  • Large, 1.5+ acre parcel on the corner of a signalized intersection
  • 6+ Years of Base Term Remaining

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Discount

Family Dollar | #2 Store in Florida (Placer.Ai)

Listing Price: $1,530,000

Cap Rate
7.40%
Tenant Name
Family Dollar
Years Remaining On Lease
6.3
Guarantor
Corporate Guarantee
Rentable SF
8,320
Lease Type
Absolute Net
Rent Per Square Feet
$13.61

Investment Highlights

  • #21 highest ranked Family Dollar nationwide, #2 highest ranked in Florida by Placer.ai
  • Absolute NNN Lease - Zero Landlord Responsibilities
  • Rental Increase Scheduled for August 2024
  • CPI Rental Increases Every 3 Years (6% Max)
  • Large, 1.5+ acre parcel on the corner of a signalized intersection
  • 6+ Years of Base Term Remaining

Investment Overview

Absolute NNN Family Dollar with 6+ Years of Term Remaining and Zero Landlord Responsibilities in Kissimmee, FL (Orlando MSA). Population within a 5-mile Radius Exceeds 75,000 (40% growth since 2010).

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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