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
Verified Profile
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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