Family Dollar
DeKalb Junction, New York
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NNN Pro Group is pleased to present the exclusive listing for a Family Dollar located at 4269 US Highway 11 in DeKalb Junction, NY. The site consists of roughly 8,000 rentable square feet of building space on estimated 1.50-acre parcel of land. This Family Dollar is subject to an original 10-year absolute double-net (NN) lease, which was recently extended through June 30, 2028. The current annual rent is $86,022 and is scheduled to increase by 10% in each of the 6, 5-year renewal options.
About the Investment
✓ Original 10-Year Double Net (NN) Lease
✓ Over 4 Years of Lease Term Remaining | Recent Lease Extension
✓ Ten Percent (10%) Rental Increases Occurring Each Option
✓ Six (6), Five (5)-Year Tenant Renewal Options
✓ Site Remodeled in July 2023 Showing Strong Tenant Commitment!
✓ Strong Sales Reported | Sales Have Steadily Increased Since Opening – Now Selling Alcohol at this Family Dollar!
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