Family Dollar Tree | 3042 Highway 76
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Family Dollar Tree 3042 Highway 76
10,500 SF 100% Leased Retail Building Chatsworth, GA 30705 $1,699,688 ($162/SF) 8% Cap Rate
Investment Highlights
- 2023 build to suit for Family Dollar Tree
- Corporately guaranteed lease
- Family Dollar Tree Combo stores have proven 20% higher sales volume than non-co-branded stores
- ±9.25 years remaining on an initial 10-year lease
- Rent increases of $5,250 ($0.50 / SF) in all four, 5-year options
- The subject property comes with a 20-year roof warranty
Executive Summary
BROKER OF RECORD
BILL PEDERSEN
LIC #80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
BILL PEDERSEN
LIC #80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
10,500 SF
Building Class
B
Year Built
2023
Price
$1,699,688
Price Per SF
$162
Cap Rate
8%
NOI
$135,975
Percent Leased
100%
Building Height
1 Story
Building FAR
0.19
Lot Size
1.27 AC
Zoning
CH
PROPERTY TAXES
Parcel Number | 0030B-006 | Improvements Assessment | $167,600 |
Land Assessment | $111,120 | Total Assessment | $278,720 |
PROPERTY TAXES
Parcel Number
0030B-006
Land Assessment
$111,120
Improvements Assessment
$167,600
Total Assessment
$278,720
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Family Dollar Tree | 3042 Highway 76
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