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Family Dollar - 3+ Yr. NN - Strong Sales 433 W Douglass St 9,100 SF Retail Building Reading, PA 19601 $1,094,377 ($120.26/SF) 9% Cap Rate

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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

EXECUTIVE SUMMARY

Schuchert Retail Group is pleased to exclusively present for sale the 9,100 SF Family Dollar located at 433 W. Douglass Street, Reading, PA 19601.
In Cooperation With: Brian Brockman & Bang Realty-Pennysylvania Inc.
PA License #RM432816

FD - Reading, PA - Offering Memorandum

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Freestanding

Building Size

9,100 SF

Building Class

Year Built/Renovated

1954/2005

Price

$1,094,377

Price Per SF

$120.26

Cap Rate

NOI

$98,494

Tenancy

Single

Building Height

1 Story

Building FAR

0.58

Lot Size

0.36 AC

Parking

10 Spaces

AMENITIES

Signage

MAJOR TENANTS

Retailer
-
-
Dec 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.