Dollar Tree 2200 Industrial Road, Emporia, KS Cap Rate 6.95% Emporia ( Kansas, US ) Built

$1,024,000 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 9,226 sq. ft.
  • Development Level: Built

Description

Dollar Tree 2200 Industrial Road, Emporia, KS Cap Rate 6.95%

Cap Rate: 6.95%
NOI: $71,169
Building Size: 9,226 sqft
Occupancy: 100%
Lease Type: Double Net
Tenancy: Single
Lease Expire Year: 2023

Price: $1,024,000 USD


DESCRIPTION
The subject property is prominently situated with excellent access and visibility along Industrial Road adjacent to its intersection with I-35 (20,400 AADT). The property benefits from its strategic location directly off Interstate-35 across from the Wal-Mart Supercenter.

The property is located in a dense retail trade area in close proximity to shopping centers, major retail tenants, schools, and employers. Major retail tenants adjacent to the property include Walmart Supercenter, ALDI, McDonald’s, Verizon, KFC, Starbucks, Taco Bell, Applebee’s, IHOP, Phillips 66, AT&T, Subway, Pizza Hut, and more.

The property neighbors Flinthills Mall and is only 2.5 miles from Emporia State University, with over 5,800 students enrolled and more than 200 academic programs.

This property is listed in conjunction with Kansas-licensed real estate broker Premier Real Estate.

HIGHLIGHTS
• Dollar Tree Stores, Inc. Corporate Guaranteed Lease (NASDAQ: DLTR) - Investment Grade Tenant Rated BBB- by S&P
• Pandemic Proof Tenant Offering “Essential” Goods & Services
• Strong Operating History with Three 5-Year Renewal Options with Scheduled $0.50 PSF Increases
• Prominent Retail Location off Interstate 35 Across from Wal-Mart Supercenter - 20,400 Combined AADT
• Ideal Low Management Investment for a Passive, Out-of-State Investor
• College Town – Home to Emporia State University & Flint Hills Technical College - 5,800+ Students

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

Attachments

P2#444393214
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Information is deemed to be correct but not guaranteed.