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Family Dollar

91 Cooke St, Waterbury, CT 06710

Listing Price: $2,342,000

Cap Rate
7.75%
Tenant Name
Family Dollar
Years Remaining On Lease
8.4
Gross SF
16,388
Guarantor
Corporate Guarantee
Rentable SF
16,388
Price/Gross SF
$142.91
Lease Type
Double Net
Rent Per Square Feet
$11.08

Investment Overview

As one of the nation’s fastest growing retailers, Family Dollar offers a compelling assortment of merchandise for the whole family, ranging from household cleaners to name brand foods, from health and beauty aids to toys, from apparel for every age to home fashions, all for everyday low prices.

Waterbury, Connecticut, known historically as the “Brass City,” is located in the western part of New Haven County, along the Naugatuck River in the central Naugatuck Valley region. It sits about 33 miles southwest of Hartford and roughly 77 miles northeast of New York City, making it part of the greater New York metropolitan area.

Investment Highlights

  • Approximately Nine Years Remaining on Primary Lease Term - Corporate Family Dollar Guarantee
  • Multiple Renewal Options With Rent Increases
  • Conveniently Located in the Heart of Downtown Waterbury - Densely Populated Trade Area with Nearly 27,000 Residents within a One-Mile Radius
  • One Mile Off Interstate 84 (Approximately 124,000 Vehicles per Day), a Significant Connector Providing a Direct Route to Hartford
  • Dense Retail Corridor Location Surrounded by National Tenants: The Home Depot, Petco, DICK'S Sporting Goods, Chili's, and More
  • Average Household Income Exceeds $88,000 within a Five-Mile Radius

Exclusively Listed By

  • Chris Lind

    Senior Managing Director Investments

    (602) 687-6780

    Email Chris

    License(s): AZ: SA627823000, NC: LC1060

    Phoenix

  • Mark Ruble

    Executive Managing Director Investments

    (602) 687-6766

    Email Mark

    License(s): AZ: SA550593000, NV: S.0192964

    Columbus

  • Zack House

    Senior Managing Director Investments

    (602) 687-6650

    Email Zack

    License(s): AZ: SA665750000, NC: LC1059

    Phoenix

Broker of Record

  • John Krueger

    National Director of Development and Training

    (212) 430-5157

    License(s) CT: REB.0791913

    Connecticut

Financing By

Discount

Family Dollar

Listing Price: $2,342,000

Cap Rate
7.75%
Tenant Name
Family Dollar
Years Remaining On Lease
8.4
Gross SF
16,388
Guarantor
Corporate Guarantee
Rentable SF
16,388
Price/Gross SF
$142.91
Lease Type
Double Net
Rent Per Square Feet
$11.08

Investment Highlights

  • Approximately Nine Years Remaining on Primary Lease Term - Corporate Family Dollar Guarantee
  • Multiple Renewal Options With Rent Increases
  • Conveniently Located in the Heart of Downtown Waterbury - Densely Populated Trade Area with Nearly 27,000 Residents within a One-Mile Radius
  • One Mile Off Interstate 84 (Approximately 124,000 Vehicles per Day), a Significant Connector Providing a Direct Route to Hartford
  • Dense Retail Corridor Location Surrounded by National Tenants: The Home Depot, Petco, DICK'S Sporting Goods, Chili's, and More
  • Average Household Income Exceeds $88,000 within a Five-Mile Radius

Investment Overview

As one of the nation’s fastest growing retailers, Family Dollar offers a compelling assortment of merchandise for the whole family, ranging from household cleaners to name brand foods, from health and beauty aids to toys, from apparel for every age to home fashions, all for everyday low prices. Waterbury, Connecticut, known historically as the “Brass City,” is located in the western part of New Haven County, along the Naugatuck River in the central Naugatuck Valley region. It sits about 33 miles southwest of Hartford and roughly 77 miles northeast of New York City, making it part of the greater New York metropolitan area.

Exclusively Listed By

  • Chris Lind

    Senior Managing Director Investments

    (602) 687-6780

    Email Chris

    License(s): AZ: SA627823000, NC: LC1060

    Phoenix

  • Mark Ruble

    Executive Managing Director Investments

    (602) 687-6766

    Email Mark

    License(s): AZ: SA550593000, NV: S.0192964

    Columbus

  • Zack House

    Senior Managing Director Investments

    (602) 687-6650

    Email Zack

    License(s): AZ: SA665750000, NC: LC1059

    Phoenix

Broker of Record

  • John Krueger

    National Director of Development and Training

    (212) 430-5157

    License(s): CT: REB.0791913

    Connecticut

Financing By

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