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Family Dollar 5100-5114 Highway 56, Chauvin, LA 70344 Harry Bell Berkshire Hathaway PenFed Realty 17 W Cedar St,Pensacola, FL 32502 [email protected] (850) 240-0527
Family Dollar5100-5114 Highway 56, Chauvin, LA 70344
Harry BellBerkshire Hathaway PenFed Realty17 W Cedar St,Pensacola, FL [email protected](850) 240-0527
Price: $567,650
Property Type: Retail
Property Sub-type: Freestanding
Building Class: C
Sale Type: Investment
Cap Rate: 8.74%
Lot Size: 0.94 AC
Gross Leasable Area: 24,493 SF
No. Stories: 1
Year Built: 1997
Tenancy: Single
Parking Ratio: 0/1,000 SF
APN / Parcel ID: 43037
Walk Score ®: 25 (Car-Dependent)
Family Dollar$567,650
The subject property is a single tenant, corporatelyguaranteed Family Dollar located in Chauvin, Louisiana.Family Dollar has been at this location since the 8,100SF building was built in 1997. The building is situatedon approximately .95+/- acres next to USPS, CapitalOne Bank, and Coastal Commerce Bank. Family Dollarhas +/-4 years and 7 months remaining on the lease,the lease auto-renewed in December of 2018. Thetenant has 3 x five-year option periods remaining with5% rent increases per option.
The property is double-net with the landlord responsiblefor the roof, structure, CAM, exterior, andelectrical/plumbing. The landlord is responsible formajor repairs/replacement and HVAC repairs greaterthan $500. The Tenant reimburses for the tax andinsurance over the base year.
The property is being offered at a 8.6% cap rate and isan ideal opportunity for a passive investor looking for acredit rated corporate-backed asset in the state ofLouisiana. The asset is being sold as part of a portfolioof 6 Family Dollar/Dollar Tree stores or can bepurchased separately....
Corporate Guaranty
Scheduled Rent Increases
S&P Investment Grade Credit BBB-
Upcoming renewal option for an additional 5 years
with rent bumps
••••
Major Tenant Information
Tenant SF Occupied Lease Expired
Family Dollar Store 8,100
5100-5114 Highway 56, Chauvin, LA 70344
Family Dollar3000 Highway 10, Jackson, LA 70748
Harry BellBerkshire Hathaway PenFed Realty17 W Cedar St,Pensacola, FL [email protected](850) 240-0527
Price: $393,258
Property Type: Retail
Property Sub-type: Freestanding
Building Class: B
Sale Type: Investment
Cap Rate: 8.90%
Lot Size: 0.47 AC
Gross Leasable Area: 7,698 SF
No. Stories: 1
Year Built: 1995
Tenancy: Single
Parking Ratio: 0/1,000 SF
APN / Parcel ID: 31-00106500
Walk Score ®: 24 (Car-Dependent)
Family Dollar$393,258
The subject property is a single-tenant, freestandingFamily Dollar located in Jackson, Louisiana. The 7,056SF free-standing building is situated on approximately.47 acres off of Charter St. Family Dollar has 13 +/-months remaining on the NN lease with three five-yearoption renewal options.
The property is being offered at an attractive 8.75% caprate and is an ideal opportunity for a passive investorlooking for a credit rated asset in the state of Louisiana.The asset is being sold as part of a portfolio of 6 FamilyDollar/Dollar Tree stores or can be purchasedseparately....
Attractive Low Price Point and Cap Rate
Strong credit tenant; E-Commerce resilient tenant
Nearly 8,000 Family Dollar Stores
•••
Major Tenant Information
Tenant SF Occupied Lease Expired
Family Dollar 7,056
3000 Highway 10, Jackson, LA 70748
Family Dollar1153 US-61, Port Gibson, MS 39150
Harry BellBerkshire Hathaway PenFed Realty17 W Cedar St,Pensacola, FL [email protected](850) 240-0527
Price: $980,200
Property Type: Retail
Property Sub-type: Freestanding
Building Class: C
Sale Type: Investment
Cap Rate: 7.58%
Lot Size: 1.01 AC
Gross Leasable Area: 11,000 SF
No. Stories: 1
Year Built: 1994
Tenancy: Single
Parking Ratio: 0/1,000 SF
Walk Score ®: 21 (Car-Dependent)
Family Dollar$980,200
The subject property is a single tenant, corporatelyguaranteed Family Dollar located in Port Gibson,Mississippi. Family Dollar has been at this locationsince the 8,100 SF building was built in 1994. Thebuilding is situated on approximately 1 +/- acre on US-61. Family Dollar has +/-4 years and 4 monthsremaining on the lease with three five-year optionperiods with 5% rent increases per option.
The property is double-net with the landlord responsiblefor the roof, structure, CAM, exterior, andelectrical/plumbing. The landlord is responsible formajor repairs/replacement and HVAC repairs greaterthan $500. The Tenant reimburses for the tax andinsurance over the base year.
The property is being offered at a 7.43% cap rate and isan ideal opportunity for a passive investor looking for acredit rated corporate-backed asset in the state ofLouisiana. The asset is being sold as part of a portfolioof 6 Family Dollar/Dollar Tree stores or can bepurchased separately....
1153 US-61, Port Gibson, MS 39150
Family Dollar1920 E Gwinnett St, Savannah, GA 31404
Harry BellBerkshire Hathaway PenFed Realty17 W Cedar St,Pensacola, FL [email protected](850) 240-0527
Price: $1,188,036
Property Type: Retail
Property Sub-type: Freestanding
Building Class: B
Sale Type: Investment
Cap Rate: 8.26%
Lot Size: 0.84 AC
Gross Leasable Area: 8,662 SF
No. Stories: 1
Year Built: 2008
Tenancy: Single
Clear Ceiling Height: 18 FT
Zoning Description: PRB
APN / Parcel ID: 2-0039-02-007
Walk Score ®: 50 (Somewhat Walkable)
Family Dollar$1,188,036
The subject property is a single tenant, corporatelyguaranteed Family Dollar located in Savannah, Georgia.Family Dollar has been at this location since the 8,505SF building was built in 2008. The property is situatedon .84 acres at the signaled intersection ofPennsylvania Ave and E Gwinnett St. Family Dollar has4 years remaining on the lease with three five-yearoption periods with 10% rent increases per option.
The property is double-net with the landlord responsiblefor the roof, access areas, structure, and HVACexpenses that exceed $1,000. Tenant is responsible forHVAC maintenance, parking lot paving and lighting,CAM, taxes, and insurance.
The property is being offered at an attractive 8.11% caprate and is an ideal opportunity for a passive investorlooking for a credit rated corporate-backed asset in thestate of Georgia. The asset is being sold as part of aportfolio of 6 Family Dollar/Dollar Tree stores or can bepurchased separately....
Minimal Landlord Obligations
S&P Investment Grade Rated BBB-
Corporate Guaranty
Scheduled Rent Increases
••••
Major Tenant Information
Tenant SF Occupied Lease Expired
Family Dollar Store 8,662
1920 E Gwinnett St, Savannah, GA 31404
Family Dollar9598 Highway 18, Vernon, AL 35592
Harry BellBerkshire Hathaway PenFed Realty17 W Cedar St,Pensacola, FL [email protected](850) 240-0527
Price: $452,110
Property Type: Retail
Property Sub-type: Freestanding
Building Class: B
Sale Type: Investment
Cap Rate: 8.75%
Lot Size: 0.53 AC
Gross Leasable Area: 7,560 SF
No. Stories: 1
Year Built: 1995
Tenancy: Single
APN / Parcel ID: 1105-1640020-560030
Walk Score ®: 53 (Somewhat Walkable)
Family Dollar$452,110
The subject property is a single tenant, corporatelyguaranteed Family Dollar located in Vernon, Alabama.Family Dollar has been at this location since the 7560SF building was built in 1995. The building is situatedon approximately .53 +/- acres on Highway 18. FamilyDollar has +/- 2 years and 4 months remaining on thelease with 2 x 5-year option periods with 5% rentincreases per option.
The property is double-net with the landlord responsiblefor the roof, structure, CAM, exterior, andelectrical/plumbing. The landlord is responsible formajor repairs/replacement and HVAC repairs greaterthan $500. The Tenant reimburses for the tax andinsurance over the base year....
Major Tenant Information
Tenant SF Occupied Lease Expired
Family Dollar Store 7,560
9598 Highway 18, Vernon, AL 35592
Dollar Tree601 Brown St, Osawatomie, KS 66064
Harry BellBerkshire Hathaway PenFed Realty17 W Cedar St,Pensacola, FL [email protected](850) 240-0527
Price: $1,027,000
Property Type: Retail
Property Sub-type: Freestanding
Building Class: B
Sale Type: Investment
Cap Rate: 8.19%
Lot Size: 1.14 AC
Gross Leasable Area: 12,235 SF
No. Stories: 1
Year Built: 1964
Tenancy: Multiple
Parking Ratio: 0/1,000 SF
APN / Parcel ID: 171-11-0-30-03-001.000
Walk Score ®: 64 (Somewhat Walkable)
Dollar Tree$1,027,000
The subject property is a single tenant Dollar Treelocated in Osawatomi, Kansas. The 10,500 SF free-standing building is situated on approximately 1.1 acresat the intersection of 6th & Brown Street. Family Dollarhas almost 2 years remaining on the lease with threefive-year option periods with 10% rent increases peroption.
The property is double-net with the landlord responsiblefor the roof, access areas, and structure. Tenant isresponsible for HVAC maintenance, CAM, taxes, andinsurance.
The property is being offered at an attractive 8.03% caprate and is an ideal opportunity for a passive investorlooking for a credit rated asset in the state of Kansas.The asset is being sold as part of a portfolio of 6 FamilyDollar/Dollar Tree stores or can be purchasedseparately....
Major Tenant Information
Tenant SF Occupied Lease Expired
Dollar Tree 9,000
601 Brown St, Osawatomie, KS 66064
The subject property is a single tenant Dollar Tree located in Osawatomi, Kansas. The 10,500 SF free-standing building is situated on approximately 1.1 acres at the intersection of 6th & Brown Street. FamilyDollar has almost 2 years remaining on the lease with three five-year option periods with 10% rent increasesper option.
The property is double-net with the landlord responsible for the roof, access areas, and structure. Tenant isresponsible for HVAC maintenance, CAM, taxes, and insurance.
The property is being offered at an attractive 8.03% cap rate and is an ideal opportunity for a passive investorlooking for a credit rated asset in the state of Kansas. The asset is being sold as part of a portfolio of 6 FamilyDollar/Dollar Tree stores or can be purchased separately.
