High Dense East LA Net Leased Family Dollar
$3,295,000
5311 East Olympic Boulevard, East Los Angeles, CA 90022
5
Cap Rate
8,260 sqft
Building Size
Details:
Description:
We are pleased to present the opportunity to acquire this Single Tenant property leased to Family Dollar with 5 years on Net lease. Rare national credit Family Dollar opportunity in dense East Los Angeles trade area
Family Dollar, at 5311 Olympic Boulevard, is an extremely rare opportunity to purchase a 5 year NNN leased investment, 100% leased and guaranteed by Family Dollar, Inc. In July 2015, Family Dollar was acquired by Dollar Tree, Inc., North America's leading operator of $1 price-point items, which combined now boast over 13,600 stores nationwide, with a market capitalization of $15.5 Billion, 2015 revenue exceeding $22.7 Billion, and an A-credit rating from S&P.
Highly visible corner retail property with high barriers to entry. Down the street from a several national credit retailers including El Pollo Loco, CVS, and Autozone.
Location
Gallery
