Family Dollar

Investment Offering – $1,590,112

Location: 206 E. Main St, Kingstree, SC 29556

Current Rent: $99,382 Cap Rate: 6.25%
Lease Term: 15 Remaining Term: 15
Lease Type: NNN Building Sq. Ft.: 9,212
Renewal Options: 6, Five Year Options

PROPERTY HIGHLIGHTS

  • Brand New relocation store. The property is located on Main Street in downtown Kingstree in a proven and successful location. Very strong store sales.
  • The property is 100% leased to Family Dollar Stores of South Carolina, Inc. and guaranteed by Dollar Tree, Inc.
  • Reported traffic counts on on Main St are 10,000+/- ADT.
  • Building is a newer, larger prototype for Family Dollar (9,212 SF).
  • Brand New Fifteen (15)+ Year Lease Term that will commenced in November 2015.
  • Six (6), Five (5) Year Renewal Options with 10% increases in each option period.
  • As of August 2013, Family Dollar Stores, Inc. had revenues of $10.3 billion, a net income of $443 million and a net worth in excess of $1.6 billion.

CONTACT US

PAUL TRUPIA III
P: 646.791.0818
paul@kentwoodcapital.com

ED BRESLIN
P: 310.774.3790
ebreslin@kentwoodcapital.com

OFFERING
MEMORANDUM

To download the offering memorandum, please enter your name, email address and indicate whether you are a Buyer or Broker: