Family Dollar Tree | 2434 GA-300
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Family Dollar Tree 2434 GA-300
10,500 SF 100% Leased Retail Building Cordele, GA 31015 $2,264,220 CAD ($216 CAD/SF) 8% Cap Rate
Investment Highlights
- 2023 build to suit Family Dollar Tree
- Corporately guaranteed lease
- Family Dollar Tree Combo stores have proven 20% higher sales volume than non-co-branded stores
- ±9.25 years remaining on an initial 10-year lease
- Rent increases of $5,250 ($0.50 / SF) in all four, 5-year options
- The subject property comes with a 20-year roof warranty
Executive Summary
BROKER OF RECORD
BILL PEDERSEN
LIC # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
BILL PEDERSEN
LIC # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
10,500 SF
Year Built
2023
Price
$2,264,220 CAD
Price Per SF
$216 CAD
Cap Rate
8%
NOI
$181,138 CAD
Percent Leased
100%
Building Height
1 Story
Opportunity Zone
Yes
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Family Dollar Tree | 2434 GA-300
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