Family Dollar Tree | 4135 Highway 44
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Family Dollar Tree 4135 Highway 44
10,500 SF 100% Leased Retail Building Summit, MS 39666 £1,155,062 (£110/SF) 8% Net Initial Yield
Investment Highlights
- 2023 build to suit for Family Dollar Tree
- Corporately guaranteed lease
- Family Dollar Tree Combo stores have proven 20% higher sales volume than non-co-branded stores
- ±9.25 years remaining on an initial 10-year lease
- Rent increases of $5,250 ($0.50 / SF) in all five, 5-year options
- The subject property comes with a 20-year roof warranty
Executive Summary
BROKER OF RECORD
PHILLIP CARPENTER
LIC # C-11708 (MS)
Carpenter Properties, Inc.
1437 Old Square Road, Suite 104 Jackson, MS 39211
PHILLIP CARPENTER
LIC # C-11708 (MS)
Carpenter Properties, Inc.
1437 Old Square Road, Suite 104 Jackson, MS 39211
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
10,500 SF
Year Built
2023
Price
£1,155,062
Price Per SF
£110
Net Initial Yield
8%
NOI
£92,405
Percent Leased
100%
Number of Floors
1
Building FAR
0.11
Lot Size
2.15 AC
1 of 3
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Family Dollar Tree | 4135 Highway 44
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