Log In/Sign Up
Your email has been sent.
Net Leased Family Dollar 780 S US Highway 93 8,320 SF Retail Building Challis, ID 83226 $998,919 ($120.06/SF) 9.25% Cap Rate
Investment Highlights
- Net Lease – Landlord Responsible for Roof & Structure Only
- Highly Visible Site Along Main Commercial Corridor
- Corporate Guarantee: Family Dollar Stores, Inc.
- Serves Local Residents and Regional Pass-Through Traffic
Executive Summary
This is the opportunity to acquire a net-leased Family Dollar located in Challis, Idaho. The property consists of an ±8,000 square foot freestanding building with excellent visibility along South Highway 93, the main commercial corridor serving the local community. As the county seat of Custer County and a hub for both residents and travelers passing through Central Idaho, Challis offers steady local and regional traffic.
The lease is corporately guaranteed by Family Dollar Stores, Inc. and structured as a Net Lease with minimal landlord responsibilities limited to roof and structure. The current term runs through September 30, 2027, and includes five (5) additional five-year renewal options with no rental increases during the base or option periods.
The lease is corporately guaranteed by Family Dollar Stores, Inc. and structured as a Net Lease with minimal landlord responsibilities limited to roof and structure. The current term runs through September 30, 2027, and includes five (5) additional five-year renewal options with no rental increases during the base or option periods.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
C
Year Built
2012
Price
$998,919
Price Per SF
$120.06
Cap Rate
9.25%
NOI
$92,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.06 AC
Parking
30 Spaces (3.61 Spaces per 1,000 SF Leased)
Frontage
146’ on S U.S. 93
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | RPA01070010013A | Improvements Assessment | $372,690 |
| Land Assessment | $52,670 | Total Assessment | $425,360 |
Property Taxes
Parcel Number
RPA01070010013A
Land Assessment
$52,670
Improvements Assessment
$372,690
Total Assessment
$425,360
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Net Leased Family Dollar | 780 S US Highway 93
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.