Family Dollar | Sanger, CA 742 Academy Ave 9,245 SF Retail Building Sanger, CA 93657 $2,380,000 ($257.44/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Single-Tenant Corporate Family Dollar: Family Dollar recently exercised its first option to extend for 5 years showing commitment to the location
- Corporate Lease (NASDAQ: DTLR) Investment Grade (S&P: BBB): Largest dollar store chain in the U.S. with 16,622 locations
- Target Household Income: Ideal household income of $68,570 within 3 miles perfectly positions the long-term success of Family Dollar
- Ranked Top 4% of Family Dollar Locations Nationwide According to Placer.ai
- Prominent Building with Great Access: The property benefits from frontage along Academy Avenue, the main North / South thoroughfare in the trade area
- High-Growth Fresno MSA Trade Area; The Number of Households Have Increased Over 12.5% Within a 3-Mile Radius Over the Past 10 Years
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- -
- -
- Double Net
- Mar 2029
Family Dollar is a place to shop when it comes to delivering quality and value on family essentials in a convenient location. Their stores are conveniently located in neighborhoods, and often in "food deserts" where other stores choose not to locate, providing a convenient, close-to-home option where customers can shop for essentials. By locating stores in places where others won’t, Family Dollar is improving the affordability and availability of essential goods. They are saving their customers time and money and helping them do more, even on a tight budget. Their Family Dollar stores focus on delivering top value for family essentials. They offer competitively-priced national brands from leading manufacturers alongside brand-name, equivalent-value, lower-priced private labels. Their aisles are stocked with food and beverages, paper products, health & beauty supplies, pet food, home products, apparel and accessories, etc.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | - | - | Double Net | Mar 2029 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 320-011-54S | Improvements Assessment | $1,622,250 |
| Land Assessment | $404,308 | Total Assessment | $2,026,558 |
