411 E Grove Ave - Freestanding FOR SALE
Parma, ID 83660 |
$1,207,000 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
$1,207,000 USD
PRICE/SF
$131 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Family Dollar
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
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844-585-7684
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844-585-7684
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