Property Details

Family Dollar

New Bedford, MA
Property ID: 9137

Financial Summary

Asking Price $2,375,000
Cap Rate 6.40%
Net Operating Income (NOI) $152,132
Lease Type NNN
Lease Term Remaining 15 Years
The Offering Memorandum for this property is no longer available.

Contact

Andrew Fallon
Executive Managing Director
703.787.4733
Patrick R. Nutt
Managing Partner
703.787.4714

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Highlights

  • In fill location with 5 mile population of 132,054
  • Brand new build-to-suit
  • 15-year absolute NNN lease
  • 10% rent increases every 5 years starting in year 11 and into options
  • Corporate guaranty

Net Lease Advisor

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Location

537 Orchard Street
New Bedford, MA

Leigh ClineFamily Dollar