Family Dollar 24701 SW 112th Ave 9,270 SF 4-Star Retail Building Homestead, FL 33032 $2,878,200 ($310.49/SF) 6% Cap Rate



INVESTMENT HIGHLIGHTS
- Family Dollar's rent of $18.63/SF is below market and offers an investor potential future upside
- Tenant self-maintains their parcel and reimburses landlord for RE Taxes and Insurance (2017 BTS for Family Dollar)
- 52,500 VPD and shared traffic signal with Aldi, Wawa, Chick-fil-A and CVS
- Rent increases in each 5 year option and will increase 10% in 2027 should tenant exercise their renewal option
- Miami-Dade led the Nation in number of multifamily units under construction in 2023 and 2024 and thousands of singlefamily homes are in various stages
- Family Dollar is a subsidiary of Dollar Tree Inc., a Fortune 200 company with over 15,500 stores in 48 states
EXECUTIVE SUMMARY
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- -
- -
- Triple Net
- Mar 2027
Family Dollar is a place to shop when it comes to delivering quality and value on family essentials in a convenient location. Their stores are conveniently located in neighborhoods, and often in "food deserts" where other stores choose not to locate, providing a convenient, close-to-home option where customers can shop for essentials. By locating stores in places where others won’t, Family Dollar is improving the affordability and availability of essential goods. They are saving their customers time and money and helping them do more, even on a tight budget. Their Family Dollar stores focus on delivering top value for family essentials. They offer competitively-priced national brands from leading manufacturers alongside brand-name, equivalent-value, lower-priced private labels. Their aisles are stocked with food and beverages, paper products, health & beauty supplies, pet food, home products, apparel and accessories, etc.
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
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Retailer | - | - | Triple Net | Mar 2027 |
PROPERTY TAXES
Parcel Number | 30-6019-010-0016 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $2,200,000 |