Family Dollar | Wichita, KS
For Sale
Family Dollar | Wichita, KS
Asking Price: $1,650,000
| Cap Rate: 6.5%
- Net Operating Income: $107,468
- Weighted Avg. Lease Term (WALT): 9.6 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
