Family Dollar with brand new 15 year Absolute NNN lease with RARE 10% rental increase in the 11th year. The tenant, Dollar Tree, completed the acquisition of Family Dollar, creating a combined organization operating over 14,700 stores across 48 states and 5 Canadian provinces. This location has rare upgraded brick and EFIS building with construction complete in April 2018.
The subject property is located in Kansas City, Missouri, in an infill location with high drive-by visibility on the hard corner. Family Dollar is located just outside of downtown Kansas City and is 5 miles from the University of Missouri-Kansas City, a public research university offering more than 120 academic programs & majors with total enrollment of 11,708. Nearby retailers include CVS, Save-A-Lot, Advance Auto Parts, Walgreens, AutoZone, Rent-A-Center, Costco and The Home Depot.
*In Association With Missouri Local Broker: Bryan King, King Realty Advisors #2008036027