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Family Dollar Investment

$1,300,000

1308 Porter Wagoner Boulevard, West Plains, MO 65775

Active
Last Updated: 08/18/2023

8

Cap Rate

108,015

NOI

Details:
Cap Rate:    8%
NOI:    $108,015
Building Size:    8,400 sqft
Lot Area:    1.1 sqft
Occupancy:    100%
Lease Type:    Triple Net
Year Built:    2012
Price Per Sqft:    $160.71
Price Per Unit:    $1,350,000
Zoning:    Commercial
Tenancy:    Single
Investment Strategy:    Core
Lease Expire Year:    6/30/2023
Highlights:
  • *NET LEASE
  • * CORPORATE GUARANTEED
  • *MINIMAL LANDLORD RESPONSIBILITIES
  • *8% CAP RATE WITH 5 YEARS REMAINING
  • *MULTIPLE 5 YEAR OPTIONS WITH 10% RENT INCREASES
Description:

This STNL Family Dollar is located in West Plains, MO a growing community in Southern Missouri. The store was a BTS for Family Dollar in 2012/13 with a 10 Year Net Lease. Landlord is responsible for Roof and Structure. The store is located on the main thoroughfare in town and out positions its competition.

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3. Lease dated 4.24.2012.pdf
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