Family Dollar | 1410 E Aultman St
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Family Dollar 1410 E Aultman St
8,320 SF Retail Building Ely, NV 89301 $1,309,103 ($157.34/SF) 8.25% Cap Rate
INVESTMENT HIGHLIGHTS
- 2015 Built-to-Suit for Family Dollar
- CPI based increases every 3 years (6% max) providing an excellent hedge against inflation
- Nevada is an income tax free state
- Extremely rare ABS NNN lease with zero landlord responsibilities
- Traffic counts in excess of ±11,000 VPD
- Six, five-year options, all of which include the CPI increases
EXECUTIVE SUMMARY
Extremely rare ABS NNN lease with zero landlord responsibilities
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
C
Year Built
2015
Price
$1,309,103
Price Per SF
$157.34
Cap Rate
8.25%
NOI
$108,001
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.63 AC
Zoning
C
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 002-078-14 | Improvements Assessment | $344,479 |
| Land Assessment | $25,757 | Total Assessment | $370,236 |
PROPERTY TAXES
Parcel Number
002-078-14
Land Assessment
$25,757
Improvements Assessment
$344,479
Total Assessment
$370,236
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Family Dollar | 1410 E Aultman St
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