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Family Dollar 416 1st st

8,320 SF Retail Building Glenwood City, WI 54013 £790,010 (£95/SF) 7.50% Net Initial Yield

Investment Highlights

  • Double Net (NN) Leased Family Dollar w/ Limited Landlord Responsibilities Located Just off the Intersection of 1st Street and Oak Street
  • Subject Property Benefits from Being the Only Discount Store in Glenwood City and 8-Miles from the Nearest Discount Store
  • Lease Features Over 6 Years Remaining on the Base Term and a Rent Increase in Each Option to Hedge Against Inflation
  • Lease Corporately Guaranteed by Family Dollar with 8,200 Locations in the U.S. and 60,000 Employees

Executive Summary

Family Dollar sale, high yield with no competion

Attachments

FD_GlennwoodCity_WI_PappasCardone_OM

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Year Built
2019
Price
£790,010
Price Per SF
£95
Net Initial Yield
7.50%
NOI
£59,251
Tenancy
Single
Number of Floors
1
Building FAR
0.19
Land Acres
1.00 AC
Zoning
C1 - Commercial District

Amenities

  • Signage
  • Air Conditioning
  • Smoke Detector

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 8,320 SF
  • Retail
  • Outparcel
  • 30 Days
Space Size Space Use Position Available
1st Floor 8,320 SF Retail Outparcel 30 Days

1st Floor

Size
8,320 SF
Space Use
Retail
Position
Outparcel
Available
30 Days
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(646) 805-1491

  • Listing ID: 29239745

  • Date on Market: 10/08/2023

  • Last Updated:

  • Address: 416 1st st, Glenwood City, WI 54013

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Family Dollar | 416 1st st
(646) 805-1491 x

Family Dollar | 416 1st st

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Michael Cardone

(646) 805-1491

(646) 805-1491

Christopher Pappas

(212) 430-5180

(212) 430-5180

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