Family Dollar – Tampa, FL

By November 1, 2017Available Properties

Investment Offering – $2,145,450

3020 W Columbus Drive, Tampa FL 33607

NOI: $118,000 Cap Rate: 5.5%
Lease Term: 15 Remaining Term: 15
Lease Type: NNN Building Sq. Ft.: 8,300
Renewal Options: Six (6), Five (5) Year Options

PROPERTY HIGHLIGHTS

  • The property is located in a dense infill location of Tampa, FL; Approximately 2 miles to Tampa International Airport and 3 miles to downtown Tampa.
  • Reported traffic counts at the inspection of Columbus and MacDill and St are 40,000+/- ADT.
  • The property is 100% leased to Family Dollar Stores, Inc. and guaranteed by Dollar Tree, Inc. (NYSE:DLTR)
  • Brand New Fifteen (15) Year NNN Lease Term that will commence March 1 2018
  • Six (6), Five (5) Year Renewal Options with 5% increases beginning in Year 11 and in each option period.
  • Excellent demographics with approximately 250,000 people living in a 5 mile radius.

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: