433 W Douglass St | Reading, PA 19601
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433 W Douglass St
Reading, PA 19601
Family Dollar - 3+ Yr. NN - Strong Sales · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 3.20 Years Remaining in Existing Term (Lease Exp: 12/31/2027)
- Tenant Required to Report Store Sales Annually (Contact Agent for Details) | 2023 Rent to Sales Ratio = 4.9%
- 5-Mile Demographics: 217,742 Residents; $92,989 Average Household Income
- Family Dollar Has Operated at This Location Since 2005 - Tenant Has Exercised Every Option with No Landlord Concessions at the 10% Rental Increase
- Tenant is Responsible for Maintenance and Repair/Replacement of HVAC Units | Tenant is Responsible for Snow Removal & Restriping of Parking Area
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built/Renovated
1954/2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.58
Lot Size
0.36 AC
Parking
10 Spaces (1.1 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Monument Signage
PROPERTY TAXES
| Parcel Number | 15-5307-55-34-4649 | Improvements Assessment | $170,000 |
| Land Assessment | $42,000 | Total Assessment | $212,000 |
PROPERTY TAXES
Parcel Number
15-5307-55-34-4649
Land Assessment
$42,000
Improvements Assessment
$170,000
Total Assessment
$212,000
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