Family Dollar | Burnside, KY South Highway 27
Burnside, KY 42519
For Sale
10,500 sqft
Sale Price
$1,434,000
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Retail For Sale - Available Immediately
5-UNIT SINGLE OR PORTFOLIO SALE | 8.75% CAP | DOUBLE NET (NN)
MINIMAL LANDLORD RESPONSIBILITIES
CORPORATE GUARANTY FROM FAMILY DOLLAR
Get in touch
Tony Anderson
Lic: 01936642
TA
Richard Brehaut
Lic: 01934760
RB
Kent Presson
Lic: 02076597
KP
Robert Schwartz
5-UNIT FAMILY DOLLAR PORTFOLIO: AVAILABLE INDIVIDUALLY OR AS A PORTFOLIO
CBRE is pleased to present this exclusive offering of a 5-unit portfolio of Family Dollar stores located throughout Kentucky and Ohio. The properties are available individually or as a portfolio, and are all subject to long-term Double Net (NN) leases.
CBRE is pleased to present this exclusive offering of a 5-unit portfolio of Family Dollar stores located throughout Kentucky and Ohio. The properties are available individually or as a portfolio, and are all subject to long-term Double Net (NN) leases.
LONG-TERM LEASES IN PLACE
All 5 properties are subject to long-term leases with at least 7+ years of base term
remaining. Each lease has four, five-year renewal options and rental increases of
$0.50/SF during each option period, providing positive income growth for an investor. Family Dollar has established themselves as a high volume operator in these markets as Burnside, Eubank, and Butler are relocation stores.
All 5 properties are subject to long-term leases with at least 7+ years of base term
remaining. Each lease has four, five-year renewal options and rental increases of
$0.50/SF during each option period, providing positive income growth for an investor. Family Dollar has established themselves as a high volume operator in these markets as Burnside, Eubank, and Butler are relocation stores.
Total Space Available
10,500 sqft
Sale Price
$1,434,000
Get in touch
Tony Anderson
Lic: 01936642
TA
Richard Brehaut
Lic: 01934760
RB
Kent Presson
Lic: 02076597
KP
Robert Schwartz