Categories
Retail
NNN Leased
About this property
Available for sale is a true triple net leased property with 11 years remaining on its original lease term. There is a 10% rent increase scheduled in year ten and six, five year options still remaining. The tenant is the Family Dollar, who operates under the brands Dollar Tree, Family Dollar and Dollar Tree Canada. The brands business model has alowed them to expand to more then 15,000 stores in 48 states and five Canadian provinces.
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 8,400 sqft
- Land Size
- 1.45 acres
- Zoning
- Commercial
- Year Built
- 2016
- N O I
- 101938.08
- Cap Rate
- 6.3%
- Lease Term
- 11 Years remaining
- Lease Options
- Six, five year options
- Rent Increases
- 10% in year 10/every option
Documents 1 file
Last updated: Sep 30, 2026
Location
- Address
-
1177 Plum Street
Jennings, Florida 32053