3015 S Rio Grande Ave
Orlando, FL 32805

OMDM is pleased to present this Rare Net lease Family Dollar asset strategically located in-between a Middle School and Two Elementary schools in close proximity to Walt Disney World and Downtown Orlando in Florida. This property benefits tremendously from the 100% Visibility from (I-4) with daily traffic counts exceeding 134,000 Vehicles.  This is priced to sell fast at a 6.03% CAP Rate (Very hard to achieve in Orlando).  This property has over 5.5 years remaining on the firm lease term before 4 x 5-year renewal options with 10% rent increases. This asset features a corporate guarantee from S&P 500 Rated "BB" Dollar Tree who acquired Family Dollar for $8.5B in July 2015. This property in 2015 had the parking lot replaced and a recent roof replacement in 2013 which includes a transferable and renewable roof warranty. The current ownership recently re-sealed and restriped parking lot (Jan 2018) and had Four Brand new HVAC Units installed. This property is set up well for the long-term with low risk of any maintenance requests with the security of having the right warranties in place and benefiting from a higher yield than comparable pure NNN alternatives and getting aggresive rent bumps every 5-years of 10%. A Value add opportunity exists if new ownership can get approval from Orange County to Install a Billboard on the large land parcel which would significantly increase the Income from the property and in turn increase the properties value. With the 100% Highway visibility off of one of Florida's most traveled Highways with 134k VPD a Billboard would Yield a tremendous premium.  For More information or to make an offer Call Ted Dowding (858) 999-7431 or Chris Triolo (619) 358-3633 .