Details

Family Dollar in Dublin, GA

1206 Telfair Street, Dublin, GA

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hIGHLIGHTS

Size:9,180 SF

Price:$1,059,231.00

CAP RATE:7.15%

NOI:$75,735.00

PROPERTY
OVERVIEw

DETAILS

• 9,180 SF of rentable space
• 1.065 Acre lot
• Building constructed in 2006
• Lease commencement date: 1/2006
• Lease expiration date: 12/31/2021
• Potential for % rent upside
• Two 5-year automatic options remaining,  each with rent increase
• Below market rent
• Credit rated tenant

InCommercial Property Group is pleased to offer the opportunity to acquire a Family Dollar in Dublin, GA. The 9,180 SF building sits on 1.065 acres and is located at the corner of Telfair St and Kersey Ln. Priced at $1,059,231 with a 7.15% cap rate, the NN lease runs through Dec. 31, 2021. Family Dollar was acquired by Dollar Tree in 2015 and is now considered to be one of the nation’s largest small-box discount retailers. Operating over 15,000 stores in approx. 48 states the Fortune 200 company has a ± $18 Billion market cap. The Company currently holds an S&P credit rating of BBB- (Investment Grade Credit).

Location

Contact

Michael Mintz

Vice President, Brokerage

(847) 648-1717

MMintz@InCommercialRE.com