Discount

Family Dollar

Listing Price: $1,068,000

Cap Rate
7.20%
Tenant Name
Family Dollar
Years Remaining On Lease
9.80
Gross SF
8,359
Guarantor
Corporate Guarantee
Rentable SF
8,359
Price/Gross SF
$127.77
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.20

Investment Overview

Marcus & Millichap is pleased to present a Family Dollar store in the Village of Pepin, Wisconsin. According to the assessor's records, the property comprises a 1.96 acre parcel improved with an 8,359 square foot building. It was constructed in 2014. As of April 2020, the lease has 10 years and 3 months remaining on its original term.

The Village of Pepin is located in Central Western Wisconsin. It is 52 miles from the city of Eau Claire, 73 miles from the city of Lacrosse, and 77 miles from the city of Minneapolis. Lake Pepin is blocks from the store. Lake Pepin is a naturally occurring lake on the Mississippi River on the border between Wisconsin and Minnesota. The Laura Ingalls Wilder Museum is less than one mile from the store.

Tenant has a 10 business day Right of First Refusal. One principal is a licensed real estate broker in the state of California.

Investment Highlights

  • TRIPLE -NET LEASE (LANDLORD IS RESPONSIBLE FOR HVAC THE FINAL 2 YEARS)
  • CORPORATE GUARANTEE -15,000+ LOCATIONS (DOLLAR TREE & FAMILY DOLLAR)
  • 10% RENT INCREASES EVERY FIVE YEARS
  • SIX -FIVE YEAR OPTIONS TO EXTEND INITIAL TERM
  • BUILD-TO-SUIT LOCATION IN 2015

Exclusively Listed By

Financing By

Listing Price: $1,068,000

Cap Rate
7.20%
Tenant Name
Family Dollar
Years Remaining On Lease
9.80
Gross SF
8,359
Guarantor
Corporate Guarantee
Rentable SF
8,359
Price/Gross SF
$127.77
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.20

Investment Highlights

  • TRIPLE -NET LEASE (LANDLORD IS RESPONSIBLE FOR HVAC THE FINAL 2 YEARS)
  • CORPORATE GUARANTEE -15,000+ LOCATIONS (DOLLAR TREE & FAMILY DOLLAR)
  • 10% RENT INCREASES EVERY FIVE YEARS
  • SIX -FIVE YEAR OPTIONS TO EXTEND INITIAL TERM
  • BUILD-TO-SUIT LOCATION IN 2015

Investment Overview

Marcus & Millichap is pleased to present a Family Dollar store in the Village of Pepin, Wisconsin. According to the assessor's records, the property comprises a 1.96 acre parcel improved with an 8,359 square foot building. It was constructed in 2014. As of April 2020, the lease has 10 years and 3 months remaining on its original term.

The Village of Pepin is located in Central Western Wisconsin. It is 52 miles from the city of Eau Claire, 73 miles from the city of Lacrosse, and 77 miles from the city of Minneapolis. Lake Pepin is blocks from the store. Lake Pepin is a naturally occurring lake on the Mississippi River on the border between Wisconsin and Minnesota. The Laura Ingalls Wilder Museum is less than one mile from the store.

Tenant has a 10 business day Right of First Refusal. One principal is a licensed real estate broker in the state of California.

Exclusively Listed By

Financing By

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