Family Dollar Dollar Tree SEC of East River Street & South Illinois Street, Eureka, KS Eureka (Madison, Kansas, US ) Built

$1,505,000 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 10,500 sq. ft.
  • Development Level: Built
  • Lot Size: 1.06 acres
  • Year Built: 2021

Description

Family Dollar Dollar Tree SEC of East River Street & South Illinois Street, Eureka, KS

Cap Rate: 7.15%
NOI: $107,625
Building Size: 10,500 sqft
Lot Area: 1.06 acres
Occupancy: 100%
Lease Type: Double Net
Year Built: 2021
Zoning: C
Tenancy: Single
Gross Leaseable Area: 10500
Construction Status: Metal Frame/Panels with Brick Stucco
Roof: Standing Metal Seam
Lease Expire Year: March 31, 2031

Price: $1,505,000 USD

DESCRIPTION
Family Dollar & Dollar Tree has a Brand New 10-Year NN Lease with $0.50 PSF Rental Escalations Every 5 Years in Renewal Options! On July 6, 2015, Dollar Tree (NASDAQ: DLTR | S&P Credit Rating BBB- | Moody’s Baa2 Rating) Completed the Acquisition of Family Dollar, Creating Combined Organization Operating 15,479 Stores Across 48 States & 5 Canadian Provinces as of August 1, 2020, Under the Dollar Tree, Family Dollar & Dollar Tree Canada Brands. This asset is the Latest Dual Branded Format Store (Larger Footprint), Offering Both Family Dollar/Dollar Tree Merchandise Under One Roof!

This asset is Positioned on a Large ±1.06-Acre Lot with Great Visibility on E River St., where Traffic Counts Exceed 4,580 CPD! Eureka has retailers such as Orscheln Farm & Home, Home & Lumber Supply, Woodard Mercantile, Dollar General, NAPA Auto Parts; Dining options include Pizza Hut, Sonic Drive-In, Casey’s and Benny’s Westside; Eureka has 1 elementary & 1 junior/senior high school within the 1-mile vicinity with 675 students); 2 miles from Greenwood County Hospital (a 46-bed critical access hospital serving Greenwood County in providing complete care such as cardiac care, pediatrics & outpatient surgery).

HIGHLIGHTS
• Brand New 10-Year NN Lease with $0.50 PSF Rental Escalations Every 5 Years in Renewal Options
• Latest Dual Branded Format Store (Larger Footprint) Offering Both Family Dollar/Dollar Tree Merchandise Under One Roof!
• Positioned on a Large ±1.06-Acre Lot with Great Visibility on E River St where Traffic Counts Exceed 4,580 CPD!
• Dollar Tree Completed the Acquisition of Family Dollar, Creating Combined Organization Operating 15,479 Stores Across 48 States & 5 Canadian Provinces as of August 1, 2020,
Under the Dollar Tree, Family Dollar & Dollar Tree Canada Brands
• 2020 DEMOGRAPHICS (5-MI): Total Population: 3,459 | Average Household Income: $55,875

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

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Information is deemed to be correct but not guaranteed.