FD/DT – Unionville, MO
Fortis Net Lease is pleased to present this 10,500 SF Dollar Tree & Family Dollar Hybrid store located in Unionville, MO. The property is encumbered with a ten (10) year NN+ lease, leaving minimal landlord responsibilities. The lease contains five (5) year options to renew, each with $0.50 PSF rent increase. The lease is corporately guaranteed by Dollar Tree Corporation which holds a credit rating of “BBB-” which is classified as investment grade.
This Store is highly visible as it is strategically positioned off of US-136. The building is located adjacent to the main artery leading into downtown Unionville. The five mile population is nearly 2,700 with a three-mile average household income of nearly $46,000. These are above-average demographics for a Dollar Store.
This investment will offer a new owner success due to the financial strength and the proven profitability of the tenant, one of the nation’s top dollar stores. List price reflects a 6.25% cap rate based on NOI of $105,000.
• New Dual Tenant Concept | Brand New Lease
• 5% Rent Increase in year 6 of the Primary Term
• 10-Year NNN Lease Requiring Minimal Landlord Responsibilities
• Five- (5 Yr) Options | $0.50 Rental Rate Increase
• Located Adjacent to Main Artery Leading into Unionville
• Investment Credit Tenant | Standard & Poor’s: ‘BBB-‘
• Three Mile Average Household Income $45,560
• The Store Out Positions Other Retailers in Market
Instate Broker of Record: Brian Brockman | Bang Realty