Family Dollar | Under Construction
100 S Chicago Street
Royal Center, IN 46978
Price: $993,750
New Site | Under Construction
Investment Summary
CAP Rate: Lessee: Gurantor:
Building Size: Lot Size: Year Built: Lease Summary
NOI: Lease Term: Expiration:
Lease Options: Option Increases: Representative Photo
8.0%
Family Dollar Stores of Indiana L.P.
Family Dollar Stores, Inc.
8,320 square feet
18,225 square feet
2013
$79,500
New 10+ years
September 30, 2023
Five options of 5 years in length
10% every 5 years in option period
Investment Highlights
Corporate Backed Lease!
New building opening April/May of 2013
Typical Family Dollar NN Lease*
*10 year roof warranty conveys to buyer
Excellent Visibility
Located on Royal Center’s Main Arterial S Chicago Street
NYSE: FDO Market Cap $7.4 Billion (as of December ‘12)
FDO’s stock is up 10.5% this year and up 127% over the last 3 yrs
Nearby Family Dollar Stores
About Family Dollar:
Family Dollar (NYSE: FDO) is a regional chain of variety
stores in the United States. It opened in 1959 and operates
approximately 7,100 stores in 45 states and the District of Columbia. It is headquartered in Matthews, North Carolina. Family Dollar is not a true “dollar store” in the strict sense; while
there are many items available for $1, there are other price
points as well. However, approximately 90% of the products
cost less than $10. With most locations set up like a typical
supermarket, the chain deals in food items, clothing and assorted household products.
Retail Investment Group, LLC
9304 E. Raintree Drive Suite 120
Scottsdale, AZ 85260
Phone 480.429.4580
Fax 480.452.1820
http://retail1031.com
Steven I Davis
Scott A Hintze
Managing Member
Associate
steven@retail1031.com
scott@retail1031.com
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no representation, guarantee or warranty about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, estimates, opinions used are for example only.
The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.