| Exceptional return! Asking 10.25% cap rate / $1,126.830 |
| Six years of remaining lease term on recently closed Family Dollar |
| Constructed in 2021 and went dark in 2024 but Family Dollar continues to pay rent and expense reimbursements through the remainder of their lease term |
| Remaining lease term provides buyer the opportunity the time to re-tenant the property while benefiting from remaining base rental income and expenses |
| A representative from Family Dollar has reached out offering to negotiate a lease buy-out . A buyer might be able to continue those negotiations |
| A buy-out would offer the buyer an opportunity to dramatically reduce their basis in the property or use the ability to use funds to cover renovation |
Bill Behr
Transwestern Real Estate Services
