Net Lease Family Dollar Property For Sale Date October 31, 2016
The Boulder Group is pleased to exclusively market for sale a single tenant net lease Family Dollar property located in Kansas, OK. The property is strategically located along the trade area’s primary thoroughfare. Family Dollar boasts strong reported store sales at this location which they have operated at since 2011. There are over five years remaining on the Family Dollar lease which expires on June 30, 2021. The lease features 10% rental escalations in each of the five 5-year renewal option periods. Family Dollar was recently acquired by Dollar Tree and is a wholly owned subsidiary of Dollar Tree. Dollar Tree is publicly traded on the NASDAQ (DLTR) with a market capitalization in excess of $18.5 billion.
The 8,347 square foot building is strategically located on an one acre parcel along the trade area’s primary east-west thoroughfare, Tulsa Avenue. The Family Dollar property is approximately 70 miles east of Tulsa and 40 miles west of Fayetteville.Back