CLOSED ESCROW

FAMILY DOLLAR

2932 nEW cENTERVILLE

ROCKWOOD, PA 15557

PRICE:

PRICE/SF:

CAP RATE:

TENANT:

CREDIT RATING:

$1,782,907

$214

6.5%

FAMILY DOLLAR

BB+

 

DEAL HIGHLIGHTS​:

  • 1031 Exchange Buyer

  • BB+ Credit Rating

  • Corporate Guarantee Family Dollar 

 

ASSET HIGHLIGHTS

  • Brand new 2016 construction

  • 15-Year absolute NNN lease

  • Zero management responsibilities

  • Corporate guaranteed lease

  • Strong 10% rent increase during base term of lease; Excellent hedge against inflation

  • Average Cap Rate of 6.72% over base term 

  • Lease incorporates 6 – 5 year extension options, all of which include a strong 10% rent increase

THE ASSET

When it comes to getting value for everyday items for the entire family in an easy to shop, neighborhood location, Family Dollar is the best place to go. One of the nation’s fastest growing retailers, Family Dollar offers a compelling assortment of merchandise for the whole family ranging from household cleaners to name brand foods, from health and beauty aids to toys, from apparel for every age to home fashions, all for everyday low prices. While shoppers can find many items at $1 or less, most items in the store are priced below $10, which makes shopping fun without stretching the family budget.

GET IN TOUCH:

NEVER MISS A LISTING:

Tel: 310-300-2838

daniel@hirthgroup.com

2701 Ocean Park Blvd #140

Santa Monica, CA 90405

© 2017 by THE HIRTH GROUP

KW Commercial CAL DRE 01499010