Family Dollar

9,245 SF | Retail Building | Sanger, CA 93657 | $2,997,000 ($324/SF) | 6.35% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $2,997,000

Property Type
Retail
Square Feet
9,245 SF
Price / Square Foot
$324

Listing Contacts

Jeff Lefko
Jeff Lefko
Verified Profile
Bill Asher
Bill Asher
Verified Profile
  • Property Info

Property Overview

Recent Lease Extension | Corporate Lease | Investment Grade (S&P: BBB)

Property Details

Class
B
Year Built
2014
Stories
1
Property Subtype
Freestanding, Grocery/Convenience Store, Storefront
Lot Size (sq. ft)
42,689 SF

Highlights

  • ST Corporate Family Dollar | 10% increases each option | 10-year operating history at the subject property
  • Recently exercised its first option to extend for 5 years showing commitment to location | Ranked #31 of 127 Family Dollar Locations on Placer.ai
  • 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
  • Prominent Building with Great Access: The property benefits from frontage along Academy Avenue, the main N / S 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

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