Family Dollar – Oakland, IL

By January 26, 2018Available Properties

Investment Offering – $1,025,000

204 IL Highway 133, Oakland, IL 61943

NOI: $80,000 Cap Rate: 7.80%
Lease Term: 10 Remaining Term: 10
Lease Type: NNN Building Sq. Ft.: 8,320
Renewal Options: Six (6), Five (5) Year Options

PROPERTY HIGHLIGHTS

  • Long Term lease with Family Dollar
  • New 2018 Construction, Concrete Parking Lot
  • 10-year initial term with six five year options periods
  • 110 Miles West of Indianapolis International Airport
  • Scheduled rental increases of 5% after Year 10 and every five years thereafter
  • Only national credit general store within 15 + mile radius
  • Tenant Selected Area which is a highly underserved Retail Market
  • Situated next to a brand new relocation Casey General market
  • Excellent Visibility and Access along West State highway 133
  • As of January 2017, Dollar Tree has revenues of over $20 billion, a net income of $890 million and a net worth in excess of $5 billion. Standard and Poor’s credit Rating of BB+.

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: