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Family Dollar 4075 Deltona Blvd 8,320 SF 4-Star Retail Building Spring Hill, FL 34606 $2,561,513 CAD ($307.87 CAD/SF) 7.03% Cap Rate
EXECUTIVE SUMMARY
ATTRACTIVE RENT INCREASES
The lease calls for rent increases every three years based on CPI, capped at 6%.
The next scheduled bump is set for September 1, 2026.
STRONG ACCESS
The property offers excellent accessibility, with two points of ingress and egress
along Deltona Boulevard and an additional access point from Bob Hartung
Court. This convenient layout allows for smooth traffic flow and easy customer
entry from multiple directions, enhancing overall visibility and site functionality.
DEMOGRAPHICS
The property is supported by strong surrounding demographics, with more than
90,000 residents within a five-mile radius and steady population growth in the
Spring Hill area. The community features a balanced mix of families, working
professionals, and retirees, creating consistent demand for essential retail
goods and services.
TRAFFIC COUNT
This location has an average traffic volume of roughly 18,000 vehicles per day,
providing the property with excellent visibility and steady customer exposure.
The consistent traffic flow along this major thoroughfare enhances accessibility
and supports strong retail performance at the site.
CORPORATE LEASE
The Family Dollar lease is backed by a corporate guarantee from Family Dollar
Stores, Inc. The company operates approximately 8,200 locations across 46
states
The lease calls for rent increases every three years based on CPI, capped at 6%.
The next scheduled bump is set for September 1, 2026.
STRONG ACCESS
The property offers excellent accessibility, with two points of ingress and egress
along Deltona Boulevard and an additional access point from Bob Hartung
Court. This convenient layout allows for smooth traffic flow and easy customer
entry from multiple directions, enhancing overall visibility and site functionality.
DEMOGRAPHICS
The property is supported by strong surrounding demographics, with more than
90,000 residents within a five-mile radius and steady population growth in the
Spring Hill area. The community features a balanced mix of families, working
professionals, and retirees, creating consistent demand for essential retail
goods and services.
TRAFFIC COUNT
This location has an average traffic volume of roughly 18,000 vehicles per day,
providing the property with excellent visibility and steady customer exposure.
The consistent traffic flow along this major thoroughfare enhances accessibility
and supports strong retail performance at the site.
CORPORATE LEASE
The Family Dollar lease is backed by a corporate guarantee from Family Dollar
Stores, Inc. The company operates approximately 8,200 locations across 46
states
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
8,320 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2014
Price
$2,561,513 CAD
Price Per SF
$307.87 CAD
Cap Rate
7.03%
NOI
$179,998 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.86 AC
Zoning
C-2
Parking
24 Spaces (2.88 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | R32-323-17-5256-00L0-0020 | Improvements Assessment | $945,123 CAD |
| Land Assessment | $549,162 CAD | Total Assessment | $1,494,285 CAD |
PROPERTY TAXES
Parcel Number
R32-323-17-5256-00L0-0020
Land Assessment
$549,162 CAD
Improvements Assessment
$945,123 CAD
Total Assessment
$1,494,285 CAD
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Family Dollar | 4075 Deltona Blvd
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