780 S US Highway 93 - Freestanding FOR SALE


Challis, ID 83226
$998,919 USD
925-231-1770
780 S US Highway 93, Challis, ID for Sale
$998,919 USD
Freestanding - FOR SALE
1/1
null | 9.25% Cap Rate

780 S US Highway 93
Challis, ID 83226


HIGHLIGHTS

  • Net Lease – Landlord Responsible for Roof & Structure Only
  • Corporate Guarantee – Family Dollar Stores, Inc.
  • Highly Visible Site Along Main Commercial Corridor
  • Serves Local Residents and Regional Pass-Through Traffic

OVERVIEW

This is the opportunity to acquire a net-leased Family Dollar located in Challis, Idaho. The property consists of an ±8,000 square foot freestanding building with excellent visibility along South Highway 93, the main commercial corridor serving the local community. As the county seat of Custer County and a hub for both residents and travelers passing through Central Idaho, Challis offers steady local and regional traffic. The lease is corporately guaranteed by Family Dollar Stores, Inc. and structured as a Net Lease with minimal landlord responsibilities limited to roof and structure. The current term runs through September 30, 2027, and includes five (5) additional five-year renewal options with no rental increases during the base or option periods.

FOR SALE DETAILS

PRICE

$998,919 USD

PRICE/SF

$125 USD /SF

CAP RATE

9.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Net Leased Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,086 SF

ZONING

-

APN/PARCEL ID

RPA01070010013A

ASK ABOUT THIS PROPERTY

Jacob AbusharkhThe Kase GroupMore Info
925-231-1770

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Jacob AbusharkhThe Kase GroupMore Info
925-231-1770

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.