Offered at $850,503, representing a 9.75% capitalization rate
±3 years remaining on the current lease term, with five (5) additional five-year renewal options; includes a significant 18% rent increase at the first option and 10% escalations at each subsequent renewal
Family Dollar has operated at this location since 2013 and has exercised an option to extend, reflecting long-term operational success and commitment to the site
Lease guaranteed by Family Dollar Corporation (corporate guarantee)
±10,380 SF building situated on a ±1.53-acre parcel with ±53 parking spaces, offering strong customer accessibility; includes a loading dock with a dock-high roll-up door
Originally constructed in 1979 and fully renovated in 2013 for Family Dollar; the property has been well maintained
NN+ lease structure with minimal landlord obligations limited to roof, structure, and lot replacement
Strong real estate fundamentals with current rent at $8.19/SF and pricing at $81.94/SF—offering an attractive basis relative to replacement cost
Dense trade area with over 42,000 residents within a 5-mile radius and an average household income exceeding $58,000
Regional draw with over 175,000 residents within a 30-mile radius; limited competition in nearby towns positions Tilton as a key retail hub for surrounding rural communities