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Family Dollar 444 Butler st 8,320 SF Retail Building Kennerdell, PA 16374 $1,700,637 CAD ($204.40 CAD/SF) 9.33% Cap Rate



Executive Summary
Property Highlights:
Double-Net Lease (NN+): Tenant is fully responsible for property taxes & insurance
Landlord Responsibilities: Exterior structural portions of building
Recent Renewal: Family Dollar exercised their first 5-year option in January 2024
Renewal Options: Three, 5-year options with 10% rental increases remaining
Demographics: Population of 13,254 residents within a 10-mile radius of the site
Household Income: Average household income of $80,037 within a 5-mile radius
Brand Ranking: Top 55th Percentile of Family Dollar locations in PA (Source: AlphaMap.com)
Highway Located: Strategically located at exit 35 off Interstate-80 (±24,100 VPD)
Site Positioning: 0.5 miles from 33,00 SF full-service commercial trucking dealership, Kenworth of PA (79,740 monthly visits)
Double-Net Lease (NN+): Tenant is fully responsible for property taxes & insurance
Landlord Responsibilities: Exterior structural portions of building
Recent Renewal: Family Dollar exercised their first 5-year option in January 2024
Renewal Options: Three, 5-year options with 10% rental increases remaining
Demographics: Population of 13,254 residents within a 10-mile radius of the site
Household Income: Average household income of $80,037 within a 5-mile radius
Brand Ranking: Top 55th Percentile of Family Dollar locations in PA (Source: AlphaMap.com)
Highway Located: Strategically located at exit 35 off Interstate-80 (±24,100 VPD)
Site Positioning: 0.5 miles from 33,00 SF full-service commercial trucking dealership, Kenworth of PA (79,740 monthly visits)
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
8,320 SF
Building Class
C
Year Built
2013
Price
$1,700,637 CAD
Price Per SF
$204.40 CAD
Cap Rate
9.33%
NOI
$158,593 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.12 AC
Frontage
388’ on Butler Street
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 05-001-012T-000 | Improvements Assessment | $393,990 CAD |
| Land Assessment | $45,305 CAD | Total Assessment | $439,295 CAD |
Property Taxes
Parcel Number
05-001-012T-000
Land Assessment
$45,305 CAD
Improvements Assessment
$393,990 CAD
Total Assessment
$439,295 CAD
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Family Dollar | 444 Butler st
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