1310 W Morton St - Freestanding FOR SALE
Oakland City, IN 47660 |
1310 W Morton St
Oakland City, IN 47660
HIGHLIGHTS
- 2021 remodel for Family Dollar Tree
- Attractive 6.75% cap rate
- Dollar Tree acquired Family Dollar in 2015 and is are considered to be the second-largest discount retailer in the United
- Family Dollar / Dollar Tree have thrived through the COVID pandemic with a sharp increase in same-store sales and profitability
- Brand new 7-Year lease (rent commencement of November 2021) - Corporately guaranteed lease
- Family Dollar / Dollar Tree boasts an extremely strong investment-grade credit rating of BBB- (S&P)
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
16493
STORIES
1
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
26-13-24-100-001.551-007
