NNN Pro is pleased to present the exclusive listing for a Family Dollar
located at 769 Central Avenue, Florence, WI 54121. The site consists of
roughly 8,400 rentable square feet of building space on an estimated 1.09-
acre parcel of land. This Family Dollar is subject to a 15 Years-year Triple Net
(NNN) lease, which commenced 7/23/2015. The current annual rent is
$83,240 and is scheduled to increase by 10.00% Every 5 Years.
Investment Highlights:
Triple Net Lease
Original 15 Year Absolute Triple-Net with 5+ Years Remaining
Corporate Guarantee
Lease Corporately Guaranteed by Family Dollar Stores, Inc.
Strategically Located Property | Built to Suite Construction
This Family Dollar is strategically located in the middleclass, urban
Wisconsin Community of Florence. There are no direct competitors in the
area.
The NNN Pro Group is pleased to present the exclusive listing for the Red Lobster located at 2540 David H McLeod Blvd, Florence, SC 29501. The site will consist of roughly 8,356 rentable square feet of building space on an estimated 1.42-acre parcel of land. The Red Lobster is subject to an absolute triple-net (NNN) lease that commenced on 7/28/2014. The annual rent will be $255,292 in August 2024 and is scheduled to increase by 2% Annually throughout the base term and continuing through 4, 5-Year Renewal Options.
About the Investment
✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Over 20 Years Remaining on the Base Term
✓ Attractive Two Percent (2%) Annual Rental Increases
✓ Four (4), Five (5)-Year Tenant Renewal Options
✓ Red Lobster Corporate Guarantee (700+ Restaurants)
