904 W Palm Dr - Freestanding FOR SALE
Homestead, FL 33034 |
904 W Palm Dr
Homestead, FL 33034
HIGHLIGHTS
- Absolute NNN lease structure allowing for passive ownership.
- Family Dollar’s rent increases 10% in April 2027 equating to a 7.97% cap rate at asking price.
- Situated on W Palm Dr. which has a traffic count of 25,000 VPD.
- Over 70,000 people reside within a 3 mile radius of the store.
- Family Dollar/Dollar Tree has a credit rating of BBB- by Standard & Poors.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Family Dollar
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
9180
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
16-7824-016-0071
