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817 S Interocean Ave, Holyoke, CO, 80734

FAMILY DOLLAR
$1,586,666

Key Information

Cap Rate
9%
Type
Retail
NOI
$142,800

Highlights

  • 2023 build to suit Family Dollar 
  • ±8.25 years remaining on an initial 10-year lease
  • Corporately guaranteed lease
  • Rent increases of $5,250 ($0.50/SF) in all four, 5-year options
  • The subject property comes with a 20-year roof warranty
  • Average household income of $86,954 annually within a 10-mile radius
  • Family Dollar, a major national discount retailer with more than 8,000 stores across 48 states, has been acquired for roughly $1 billion by Brigade Capital Management, Macellum Capital Management, and Arkhouse Management Co.

 

 

Photos

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Agents

Financing Agents

Broker of Record

Brayden Conner

License # EC.100099522
Matthews Real Estate Investment Services
1600 West End, Ste. 1500 Nashville, TN 37203