Dollar Tree 2260 East Kansas Avenue, McPherson, KS Cap Rate 6.75% McPherson ( Kansas, US ) Built

$1,548,000 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 10,000 sq. ft.
  • Development Level: Built
  • Lot Size: 1.06 acres

Description

Dollar Tree 2260 East Kansas Avenue, McPherson, KS Cap Rate 6.75%

Cap Rate: 6.75%
NOI: $104,500
Building Size: 10,000 sqft
Lot Area: 1.0665 acres
Occupancy: 100%
Lease Type: Double Net
Year Built: March 2021 (Est.)
Zoning: Commercial
Tenancy: Single
Gross Leaseable Area: 10000
Construction Status: Metal on EFIS & Block on 3 Sides
Lease Expire Year: 03/31/2031

Price: $1,548,000 USD

DESCRIPTION
Dollar Tree has a Brand New 10-Year Corporately Guaranteed NN Lease, with $0.50 PSF Rental Escalations Every 5 Years in Renewal Options. The Tenant, Dollar Tree, Operates 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 property is Currently Under Construction to be Built to Dollar Tree’s Latest Specs (Estimated Turnover to Tenant - March 1, 2021). It is Positioned on a Large ±1.0665-Acre Lot, Adjacent to Walmart Supercenter, with Great Visibility on E Kansas Ave., where Traffic Counts Exceed 9,640 CPD! Nearby retailers include: Walmart Supercenter, Dillon’s, Dollar General, Hibbett Sports, Factory Connection, Orscheln Farm & Home, Tractor Supply Co., Ace Hardware, True Value, AutoZone, O’Reilly Auto Parts, NAPA Auto Parts, Sherwin-Williams, Walgreens, Genesis Health Club; Less than 2 miles from McPherson College (a 4-year liberal arts college offering over 30 areas of study with 864 students); 3 miles from McPherson Hospital (a 49-bed critical acute care facility, provides high quality care to meet the primary, acute & emergency healthcare needs of McPherson County).

HIGHLIGHTS
• Brand New 10-Year Corporately Guaranteed NN Lease with $0.50 PSF Rental Escalations Every 5 Years in Renewal Options
• Dollar Tree Operates 15,479 Stores Across 48 States & 5 Canadian Provinces as of August 1, 2020 Under the Dollar Tree, Family Dollar & Dollar Tree Canada Brands
• Currently Under Construction to be Built to Dollar Tree’s Latest Specs (Estimated Turnover to Tenant - March 1, 2021)
• Positioned on a Large ±1.0665-Acre Lot, Adjacent to Walmart Supercenter with Great Visibility on E Kansas Ave where Traffic Counts Exceed 9,640 CPD!
• 2020 DEMOGRAPHICS (5-MI): Total Population: 14,976 | Average Household Income: $84,657

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.