Family Dollar- Amanda OH | 308 E Main St
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Family Dollar- Amanda OH 308 E Main St
8,320 SF Retail Building Amanda, OH 43102 $1,218,060 ($146/SF) 7% Cap Rate
Executive Summary
Family Dollar Absolute Triple Net Lease with Zero Landlord Responsibilities.
Over 7 years left on Original 15 Year Term.
Six 5-year Extension Terms with 10% Rent Increases
Tenant is a wholly owned subsidiary of Dollar Tree, Inc. a publicly traded company (Nasdaq: DLTR), Ranked 137 on the Fortune 500
Constructed in 2016
10% rental escalation in April 2027 and in each of the six 5-year renewal extension periods
Strategically located on Main Street adjacent to the Amanda High School to boost store performance and encourage Tenant to exercise lease options. Columbus MSA (25 miles to I-270 Outerbelt)
Over 7 years left on Original 15 Year Term.
Six 5-year Extension Terms with 10% Rent Increases
Tenant is a wholly owned subsidiary of Dollar Tree, Inc. a publicly traded company (Nasdaq: DLTR), Ranked 137 on the Fortune 500
Constructed in 2016
10% rental escalation in April 2027 and in each of the six 5-year renewal extension periods
Strategically located on Main Street adjacent to the Amanda High School to boost store performance and encourage Tenant to exercise lease options. Columbus MSA (25 miles to I-270 Outerbelt)
Data Room Click Here to Access
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
8,320 SF
Building Class
B
Year Built
2016
Price
$1,218,060
Price Per SF
$146
Cap Rate
7%
NOI
$85,264
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.72 AC
Zoning
C - General Commercial
Parking
26 Spaces (3.12 Spaces per 1,000 SF Leased)
Frontage
211 FT on E Main St
PROPERTY TAXES
| Parcel Number | 00-30075-820 | Improvements Assessment | $134,930 |
| Land Assessment | $8,700 | Total Assessment | $143,630 |
PROPERTY TAXES
Parcel Number
00-30075-820
Land Assessment
$8,700
Improvements Assessment
$134,930
Total Assessment
$143,630
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Family Dollar- Amanda OH | 308 E Main St
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