Catylist ID:
#30832565
| Catylist Listing ID: | 30832565 |
| Property Subtypes: | Convenience Store, Free-Standing Building |
| Building Size (RSF): | 8,000 SF |
| Gross Land Area: | 0.90 Acres |
| Sale Price: | $895,000 |
| Unit Price: | $111.88 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Net Leased Investment (NNN), Investment |
| Building Name: | Family Dollar |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 7.0% |
| Average Occupancy Rate: | 100 |
| Last Updated: | 4/10/2024 |
Overview / Comments
|
8,000+/- SF leased to Family Dollar, Inc. with corporate guarantee. NASDAQ: DLTR Build-to-suit on 0.90± AC site constructed in 2014 Single-tenant NN leased investment opportunity Recent 5-year extension showing commitment to the store and community Limited Retail Competition - Family Dollar is the Only National Retail Tenant Located within the Town 15 minutes to Pittsfield and I-95 Exit 150 Just South of intersection of Routes 151, 23, and 152 Sale Price: $895,000 (7.0% Cap Rate) |
Attachments & Media
Current Tenants
| Tenant Business Name | Family Dollar |
| Is Renting? | Yes |
| Current Rent | $75,000 PSF (Annual) |
| Lease Expiration | 3/0031 |
Additional Details
| Nearest MSA: | Bangor |
| County: | Somerset |
| Submarket/Township: | Waterville/Augusta |
| Tax ID/APN: | 18/43 |
| Zoning: | N/A |
| Property Visibility: | Excellent |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Excellent |
| Year Built: | 2014 |
| Lot Frontage: | 1 |
Demographic Statistics
| Proximity: | 5 miles |
|---|---|
| Total Population: | 5,773 |
| Median Age: | 44.21 |
| Households: | 2,356 |
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