Family Dollar - Greentown, IN

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Pricing and Location


Price:   $600,000

Address:   122 North Hammer St, Greentown, IN 46936

Status:   Available

Property Details


CAP Rate: 10.00% Year Built: 1988/2006
Net Rentable Area: 9,288 Price Per Sqft: $64.60
Lot Size (Acres): 0.6 NOI: $60,000

Marketing Materials


Property Description


This Family Dollar is located in Greentown, Indiana. Greentown is a town in Liberty Township, Howard County, Indiana, United States. Located approximately 9 miles east of Kokomo on State Road 22 / US 35, it is home to the Howard County Fair Grounds. The town was platted in 1848, and incorporated as a town in 1873. Known for its collectible glassware made for only a few years by a local factory destroyed in 1903, it is home to the Greentown Glass Museum. As of the 2010 census, the town's population was 2,415

The property consists of 8,000 square feet of building space and sits on 0.6 acres of land. The property is subject to a double net (NN) lease. The base rent is $60,000 with five years remaining in the original lease term and five, five-year option periods.

Family Dollar is an American variety store chain in the United States. With 8,100 locations, it is the second largest retailer of its type in the United States. Family Dollar is headquartered in Matthews, a suburb of Charlotte, North Carolina, where it employs 1,400 people. In 2015, the company was bought out by a competitor, Dollar Tree, which trades on the NASDAQ under the sticker DLTR.

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What Clients Are Saying                                     
 

"It was a pleasure working with you as we appreciated your persistence, professionalism, guidance and your patience in assisting us with our first Real Estate Acquisition. We are looking forward to closing many more transactions with you in the future.'
Mike Nofarad, Private Investor

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
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Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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Phone: 818.907.9525
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