301 E Broadway St
Yazoo City, MS 39194
Family Dollar | New 5 Year Lease · Retail Property For Sale

Sage Capital is pleased to present this Family Dollar investment property in Yazoo City, MS. Family Dollar recently exercised its first of three 5 year extension options. Family Dollar has successfully occupied this location since 2006 and has reported store sales in excess of $1,760,000. With a current annual rent of only $73,150, this is a very sustainable asset boasting a rent to sales ratio of just 4.15%. This success is indicated by Family Dollar' s senior management recently approving renovation plans for this building, which will occur in the near future. The lease agreement includes minimal Landlord Responsibilities for building structure, roof and parking lot. Typically, Family Dollar requires that the Landlord maintain HVAC units. However, due to a Landlord credit to the Tenant early in this lease, Family Dollar accepted responsibility for HVAC maintenance, leaving the Landlord with HVAC replacement responsibility only. Utilities and non-structural items are paid for by Family Dollar directly. Taxes and Insurance premiums are reimbursed by Family Dollar. This full concrete block and brick building is located in the historic district of Yazoo City, surrounded by Antebellum homes and commercial buildings. The building is ideally positioned on Broadway Street in the center of Yazoo City, with average annual daily traffic counts of 7,400. Family Dollar' s success and commitment at this location will continue to serve the 17,800+ residents within 5 miles of this store.