Family Dollar 5055 10th Ave N 9,245 SF Retail Building Greenacres, FL 33463 $3,377,559 CAD ($365.34 CAD/SF) 6.50% Cap Rate

Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in the Family Dollar located in Greenacres, Florida (the “property”). The rare absolute NNN lease provides investors with a stable, passive income stream. A rare 10% rent increase occurs in less than a year in April 2027. The property consists of a 9,245-square-foot freestanding building on a large 1.64-acre parcel of land. Florida is also one of the select few states that does not have a state income tax.
The Property is strategically located in a dense trade area, on a signalized corner with traffic counts of over 69,000 cars per day. Part of Palm Beach County, Greenacres benefits from a robust population of over 362,000 residents and an average household income of $106,000 within a 5-mile radius. The adjacent John I. Leonard High School has an enrollment of more than 3,200 students and brings in consistent and steady foot traffic to the store. The demographics are ideal for a Family Dollar store location and have allowed the store to grow a large, loyal customer base.