New Construction Family Dollar | 10 Year NN Lease

4710 Steam Mill Road, Columbus, GA

$1,647,692

Price

5.85%

Cap Rate

9,180 sqft

Building Size

Gallery
Street
Map
Overview
Cap Rate
5.85%
Building Size
9,180 sqft
Lease Type
Double Net
Year Built
2021
Lessor Responsibilities
Roof, Structure and Capital Repairs to Parking Lot (exceeding $1,000)
Tenant Responsibilities
RE Taxes, Insurance, CAM, HVAC Preventative Maintenance & Parking Lot Maintenance
Description

• New construction Family Dollar
• August 2021 Delivery
• 10 Year NN Lease
• Rare Concrete Parking Lot
• Ideal 1031 Exchange Property
• Essential Business
• Classification
• Long Term Corporate Lease
• Essential business classification during Covid-19
• Long term Corporate Lease

Highlights
  • Freestanding Family Dollar Store
  • Corporate Backed Net Lease
  • Rare concrete parking lot
  • Low rent per sf
  • Upgraded brick façade
  • Dense surrounding residential including retired military
  • Essential business classification during Covid-19
  • Excellent visibility and easy access
  • Located less than 10 miles from ft. Benning
  • Over 65,000 residents within 3-mile radius
  • Pandemic and recession resistant tenant
  • Passive lease structure with 5% rental increases in the option
Documents
Title
OM
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Location
Gallery