FAMILY DOLLAR & BEAUTY SUPPLY

1435 W 25th Ave, Gary, IN 46407
$1,140,000

Cap Rate
10.00%
Price Per SF
$80
Year Built
2018
Leasable Area
14,910 SF
Term Remaining
5 YRS
NOI
$114,000

Broker of Record

  • Kyle Matthews
  • License No. RC517--140 (IN)
  • (310) 919-5757
  • Matthews Real Estate Investment Services
  • 841 Apollo Street Suite 150,
    El Segundo, CA 90245

INVESTMENT HIGHLIGHTS

  • 2018 renovations including new roof, parking lot, and HVAC units (November 2018)
  • ±3.50 Years remaining on the Family Dollar lease and a new 5-year lease with Super V Beauty Supply that will commence at the close of escrow
  • Family Dollar occupies 10,815 SF due to their anticipation of extremely strong sales at this location
  • Extremely attractive 10.00% cap rate on a NN+ lease with minimal landlord responsibilities