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Family Dollar

Florence, Wisconsin

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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.

Key Details

Price:
$1,109,867
Cap Rate:
7.50%
Annual Rent:
$83,240
Address:
769 Central Avenue, Florence, Wisconsin 54121
Property Type:
Dollar Store
Lease Type:
Triple Net (NNN)

Original Lease Term:
15 Years
Lease Commencement:
7/23/2015
Lease Expiration:
6/30/2029
Lease Term Remaining:
5.29
Lot Size:
1.09 Acres
Building Size:
8,400 SF
Year Built:
2015
Tenant:
Family Dollar

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Judson Kauffman

License: 10401296108

Hannan Ben Yosef

License: 10401358655

Broker of record

Brian Brockman

Bang Realty-Wisconsin, Inc

License: 58914-90


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