For Sale

Family Dollar | Wichita, KS

Asking Price: $1,480,000 | Cap Rate: 7.25%

  • Net Operating Income: $107,468
  • Weighted Avg. Lease Term (WALT): 8.9 Years
  • Lease Type: Net

Property Highlights

  • Build-to-Suit Family Dollar on a new 10-year net lease; minimal landlord responsibilities
  • Corporate guarantee from national tenant; with over 8,200 locations nationwide; Investment grade tenant (S&P: BBB | Moody’s: Baa2)
  • Target Household Income; Ideal household income of $67,000 within a 1 mile, perfectly positions the long-term success of Family Dollar
  • Conveniently located just 3.5 miles from Wichita State University, which has nearly 17,000 students