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Family Dollar 19026 Main St

9,270 SF Retail Building Buchanan, VA 24066 $1,026,672 CAD ($111 CAD/SF) 8.15% Cap Rate

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Investment Highlights

Newly remodeled store & recent option extension further demonstrates Family Dollar's commitment to this location.
3 X 5 year options remain.
Primary Term Escalations 10% each option period.

Current options period from 1/1/2023 to 12/31/2027.
Landlord responsible for roof & structure.

Executive Summary

Located on high visibility Main Street which turns into Interstate 11 and runs parallel, eventually merges into Hwy81 going westbound. In addition to base rent, tenant will pay landlord a percentage rent equal to 3% of the gross sales in excess of $1,983,333.00 for each calendar year.

OM - Family Dollar Buchanan VA