411 E Grove Ave - Freestanding FOR SALE
Parma, ID 83660 |
$1,131,000 USD
844-585-7684
411 E Grove Ave
Parma, ID 83660
HIGHLIGHTS
- Single-Tenant Family Dollar: Top 30% nationwide and top 25% in Idaho (Placer.ai); Low, replaceable annual rent for a western U.S. Family Dollar
- The Tenant Recently Exercised its Next 5-Year Option Early, Showing Continued Long-Term Commitment to the Location
- Four 5-Year Options Remaining with 10% Increases in Each Option; 19+ Year Operating History at the Subject Property
- Recession-Internet-Resistant Tenant / “Essential” Business; Never Closed During the Pandemic
- Thriving Dollar Store Industry Investment: Dollar stores represent the biggest shift in brick-and-mortar retail in the past decade
- Target Household Income: Ideal household income of $78,148 within 3 miles perfectly positions the long-term success of Family Dollar
FOR SALE DETAILS
PRICE
$1,131,000 USD
PRICE/SF
$123 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Family Dollar | Parma, ID
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Storefront, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
23
LAND DETAILS
LAND ACRES
0.53 AC
LAND SF
23,087 SF
ZONING
-
APN/PARCEL ID
1944400000
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
844-585-7684
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
844-585-7684
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
