Family Dollar of Wheatfield

FOR SALE // New Construction 2021

Wheatfield, IN

Convenient for both local and area rural customers via the two busy state highways.

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Property Size

9,180 Square Feet

Availability

All units are currently leased

Family Dollar of Wheatfield Leasing Plan

Square Footage

Parent Dollar Tree is a “BBB “ Standard & Poor’s Credit Rating Fortune 200 Company. A leading operator of discount variety stores with over 16,000 locations across the 48 contiguous states and five Canadian provinces. The current market cap is over $35.9B, 2021 annual revenue is over $26.3B. Multi-year growth in both Sales and Net Worth

Great Location – Located on Indiana State Road 10 at the intersection of Indiana State Road 49 at the inception of the local business district. Convenient for both local and area rural customers via the two busy state highways.

Minimal Landlord Responsibilities – This lease offers landlords a limited involvement because the tenant is responsible for taxes, insurance, HVAC, property maintenance and landscaping. The landlord’s responsibility is limited to the roof, slab, structure and parking lot.

This is a recession resistant and mandated essential business in a secure market with great visibility and strong traffic counts

Price  $1,438,462
Current Term Expires May 31, 2031 plus six (6) five-year options with 5% + rental escalations
NOI $93,500
Cap Rate 6.50%
Leasable Area 9,180 s.f.
NN Roof (finish warranty through 2066), Structure, Foundation, Parking Lot

Broker of Record
John P. Fulkerson
Broker

License No. RB 14030404

(219) 863-8023

The Hamstra Group Realty LLC.
219/956-3111 ext. 234

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