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Family Dollar 22 S State St 8,265 SF Retail Building Salina, UT 84654 $1,999,219 CAD ($241.89 CAD/SF) 8.75% Cap Rate
Investment Highlights
- Corporate Guarantee
- Ideal Family Dollar Demographics
- Commitment to Location
- Positive Growth Trends
Executive Summary
Bang Realty is pleased to present the exclusive listing for a Family Dollar located at 22 S State St., Salina, UT 84654. The site consists of roughly 8,265 rentable square feet of building space on an estimated 0.68-acre parcel of land. This Family Dollar is subject to a 10-year Double Net (NN) lease, which commenced 4/3/2014. The current annual rent is $123,200 and has scheduled increases of 10.00% in options.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,265 SF
Building Class
B
Year Built
2014
Price
$1,999,219 CAD
Price Per SF
$241.89 CAD
Cap Rate
8.75%
NOI
$174,932 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.68 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $973,829 CAD | |
| Land Assessment | $127,046 CAD | Total Assessment | $1,100,874 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$127,046 CAD
Improvements Assessment
$973,829 CAD
Total Assessment
$1,100,874 CAD
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Family Dollar | 22 S State St
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