Family Dollar
CONTACT US REGARDING THIS LISTING
PROPERTY ADDRESS
4645 Gravois Ave., St. Louis, MO 63118
PROPERTY INFORMATION
Price:
$328,800
Cap Rate:
7.50%
Term Remaining:
7 Years
Status:
Closed
INVESTMENT SUMMARY
Fortis Net Lease is pleased to present this 12,750 SF Family Dollar store located in St.
Louis, MO. The property is encumbered with a NN Lease, leaving limited landlord
responsibilities, with over seven years remaining. The lease was recently renewed
and contains Two (5) Yr. Options to renew, each with a rental rate increase. The
lease is corporately guaranteed by Dollar Tree Corporation which holds a credit
rating of “BB+”, which is classified as Strong. The store is open with rent having commenced
in January 2001.