Family Dollar - Greentown, IN

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.

Additional Info

  • Address: : 122 North Hammer St, Greentown, IN 46936
  • Price: : $550,000
  • Net Rentable Area: : 9,288
  • Lot Size (Acres): : 0.6
  • CAP Rate: : 10.90%
  • Price Per Sqft: : $64.60
  • NOI: : $60,000
  • Year Built: : 1988/2006
  • Status: : Available

What Clients Are Saying                                     
 

"Lior Regenstreif is a professional broker that achieves real results for his clients. We purchased a transaction from a seller who had not sold a property in many years and wanted the highest price with no hassles. We were the ultimate buyer and Lior got his seller the price he wanted and made the process as smooth as possible."
Brian Fagan, Selective Real Estate Investments

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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Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557