www.bouldergroup.comNET LEASED INVESTMENT OFFERINGNET LEASED INVESTMENT OFFERINGNET LEASED INVESTMENT OFFERINGNET LEASED I...
NET LEASED INVESTMENT OFFERINGwww.bouldergroup.com1)2)3)4)5)6)7)8)9)10)Confidentiality & DisclaimerExecutive SummaryProper...
NET LEASED INVESTMENT OFFERINGwww.bouldergroup.comThe information contained in the following Offering Memorandum is propri...
NET LEASED INVESTMENT OFFERINGwww.bouldergroup.comThe Boulder Group is pleased to exclusively market for sale a single ten...
NET LEASED INVESTMENT OFFERINGwww.bouldergroup.comPrice: $544,500Cap Rate: 10.00%Rent Schedule: NOI Escalation Date$ 54,45...
NET LEASED INVESTMENT OFFERINGwww.bouldergroup.comAERIALAERIALAERIALAERIALAERIAL
NET LEASED INVESTMENT OFFERINGwww.bouldergroup.comSITE PLANSITE PLANSITE PLANSITE PLANSITE PLAN
NET LEASED INVESTMENT OFFERINGwww.bouldergroup.comMAPMAPMAPMAPMAP
NET LEASED INVESTMENT OFFERINGwww.bouldergroup.comWebsite: www.familydollar.comNumber of Locations: 6,617Stock Symbol: FDO...
NET LEASED INVESTMENT OFFERINGwww.bouldergroup.comPopulationPopulationPopulationPopulation 1111----mi.mi.mi.mi. 3333----mi...
NET LEASED INVESTMENT OFFERINGwww.bouldergroup.comLOCATION OVERVIEWLOCATION OVERVIEWLOCATION OVERVIEWLOCATION OVERVIEWLOCA...
NET LEASED INVESTMENT OFFERINGwww.bouldergroup.com666 Dundee Road Suite 1801Northbrook, IL 60062Randy BlanksteinPresident8...
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Net Leased Family Dollar Property

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net leased single tenant Family Dollar property

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Net Leased Family Dollar Property

  1. 1. www.bouldergroup.comNET LEASED INVESTMENT OFFERINGNET LEASED INVESTMENT OFFERINGNET LEASED INVESTMENT OFFERINGNET LEASED INVESTMENT OFFERINGFamily DollarFamily DollarFamily DollarFamily Dollar1130 North Main Street1130 North Main Street1130 North Main Street1130 North Main StreetDayton, OH 45405Dayton, OH 45405Dayton, OH 45405Dayton, OH 45405
  2. 2. NET LEASED INVESTMENT OFFERINGwww.bouldergroup.com1)2)3)4)5)6)7)8)9)10)Confidentiality & DisclaimerExecutive SummaryProperty OverviewAerialSite PlanMapTenant ProfileDemographic Comparison ReportLocation OverviewContact InformationTABLE OF CONTENTSTABLE OF CONTENTSTABLE OF CONTENTSTABLE OF CONTENTSTABLE OF CONTENTS
  3. 3. NET LEASED INVESTMENT OFFERINGwww.bouldergroup.comThe information contained in the following Offering Memorandum is proprietary and strictly confidential. It isintended to be reviewed only by the party receiving it from The Boulder Group and should not be made available toany other person or entity without the written consent of The Boulder Group. This Offering Memorandum has beenprepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminarylevel of interest in the subject property. The information contained herein is not a substitute for a thorough duediligence investigation. The Boulder Group has not made any investigation, and makes no warranty orrepresentation. The information contained in this Offering Memorandum has been obtained from sources webelieve to be reliable; however, The Boulder Group has not verified, and will not verify, any of the informationcontained herein, nor has The Boulder Group conducted any investigation regarding these matters and makes nowarranty or representation whatsoever regarding the accuracy or completeness of the information provided. Allpotential buyers must take appropriate measures to verify all of the information set forth herein.CONFIDENTIALITY & DISCLAIMERCONFIDENTIALITY & DISCLAIMERCONFIDENTIALITY & DISCLAIMERCONFIDENTIALITY & DISCLAIMERCONFIDENTIALITY & DISCLAIMER
  4. 4. NET LEASED INVESTMENT OFFERINGwww.bouldergroup.comThe Boulder Group is pleased to exclusively market for sale a single tenant net leased Family Dollar property located inDayton, Ohio. The property is located approximately one mile north from downtown Dayton and one-half mile fromInterstate 75. Family Dollar is committed to the area as evidenced by the execution of their second renewal option for anadditional five years.The property is located on the northeast corner of the signalized intersection of Main Street and Helena Street. Main Streethas a direct access interchange with Interstate 75 approximately one-half mile south of the property. Interstate 75 hastraffic counts in excess of 118,000 vehicles per day. Downtown Dayton is home to Fifth Third Field, home field of theDayton Dragons (Cincinnati Reds minor league affiliate team). Dayton is also home to Sinclair Community College whichhas an enrollment of over 28,000 students. The property is located less than one-half mile from Grandview Medical Centerhospital which has 427 certified beds and over 1,200 employees. Additionally, there are 200,000 people living within fivemiles of the property.Family Dollar’s original five year lease term commenced in 2000 and Family Dollar exercised their second renewal optionfor an additional five years through 2014. The lease features two additional five-year renewal options with 10% rentalescalations. Family Dollar is a publicly traded company on the New York Stock Exchange (FDO), with a market capitalizationof $7.24 billion. Family Dollar is an investment grade tenant with a Standard and Poor’s rating of BBB-.• Investment grade tenant (S&P: BBB-)• Positioned on the hard corner of a signalized intersection• Exercised second renewal option• One mile from downtown Dayton• Main Street has a direct access interchange with Interstate 75one-half mile from the property (118,000 VPD)• 200,000 people living within five miles of the propertyINVESTMENT HIGHLIGHTSEXECUTIVE SUMMARYEXECUTIVE SUMMARYEXECUTIVE SUMMARYEXECUTIVE SUMMARYEXECUTIVE SUMMARY
  5. 5. NET LEASED INVESTMENT OFFERINGwww.bouldergroup.comPrice: $544,500Cap Rate: 10.00%Rent Schedule: NOI Escalation Date$ 54,450$ 59,895 1/1/2015 (Option 3)$ 65,885 1/1/2020 (Option 4)Renewal Options: Two 5-Year RemainingLease Commencement Date: March 20, 2000Lease Expiration Date: December 31, 2014Tenant: Family DollarCredit Rating: BBB- (Standard & Poor’s)Year Built 2006Lease Type: NN (Roof & Structure)Rentable Square Feet: 9,589Land Size: 24,900 SFPROPERTY OVERVIEWPROPERTY OVERVIEWPROPERTY OVERVIEWPROPERTY OVERVIEWPROPERTY OVERVIEW
  6. 6. NET LEASED INVESTMENT OFFERINGwww.bouldergroup.comAERIALAERIALAERIALAERIALAERIAL
  7. 7. NET LEASED INVESTMENT OFFERINGwww.bouldergroup.comSITE PLANSITE PLANSITE PLANSITE PLANSITE PLAN
  8. 8. NET LEASED INVESTMENT OFFERINGwww.bouldergroup.comMAPMAPMAPMAPMAP
  9. 9. NET LEASED INVESTMENT OFFERINGwww.bouldergroup.comWebsite: www.familydollar.comNumber of Locations: 6,617Stock Symbol: FDO : NYSEStandard & Poor’s Rating: BBB-Market Capitalization: $7.24 billionFamily Dollar is a regional chain of variety stores in the United States and is a leader in the dollar store industry. Itopened in 1959 and operates approximately 6,817 stores in 44 states and the District of Columbia. Family Dollaroffers a mix of quality name brand products that customers use every day. This includes items from consumableproducts, home goods, and quality apparel for men, women and children, seasonal products, greeting cards, gift-wrap and more. Family Dollar is currently ranked #302 on the Fortune 500. Family Dollar runs small neighborhoodstores near its low- and middle-income customers in rural and urban areas. Most merchandise costs less than $10.TENANT PROFILETENANT PROFILETENANT PROFILETENANT PROFILETENANT PROFILE
  10. 10. NET LEASED INVESTMENT OFFERINGwww.bouldergroup.comPopulationPopulationPopulationPopulation 1111----mi.mi.mi.mi. 3333----mimimimi 5555----mimimimiTotal Population 10,842 89,908 199,781Total Households 4,984 36,623 83,308IncomeIncomeIncomeIncomeMedian Household Income $22,320 $25,598 $30,308Average Household Income $32,663 $35,400 $42,255DEMOGRAPHIC COMPARISON REPORTDEMOGRAPHIC COMPARISON REPORTDEMOGRAPHIC COMPARISON REPORTDEMOGRAPHIC COMPARISON REPORTDEMOGRAPHIC COMPARISON REPORT
  11. 11. NET LEASED INVESTMENT OFFERINGwww.bouldergroup.comLOCATION OVERVIEWLOCATION OVERVIEWLOCATION OVERVIEWLOCATION OVERVIEWLOCATION OVERVIEWDaytonDaytonDaytonDayton is the county seat of Montgomery County. The Dayton metropolitan area is thefourth largest metropolitan area in Ohio with a population of 841,502. At the time ofthe 2010, U.S. Census, the city of Dayton had a population of 141,527. Dayton ishome to The National Museum of the United States Air Force. The base is the largestand oldest military aviation museum in the world, draws over 1.3 million visitors peryear and is the most visited tourist attraction in Ohio. Two major universities arelocated in Dayton, The University of Dayton and Wright State University; University ofDayton is the largest private university in the state of Ohio. Dayton’s central locationwithin the state of Ohio makes it a logistical centroid for manufacturers, suppliersand shippers. Dayton is well known for its high concentration of aerospace andaviation technology and The National Air and Space Intelligence Center and the AirForce Research laboratory are located in the city. The largest employer in Dayton is Premier Health Partners withover 14,000 employees.www.daytonohio.gov
  12. 12. NET LEASED INVESTMENT OFFERINGwww.bouldergroup.com666 Dundee Road Suite 1801Northbrook, IL 60062Randy BlanksteinPresident847.562.0003rblank@bouldergroup.comJimmy GoodmanPartner847.562.8500jimmy@bouldergroup.comCONTACT INFORMATIONCONTACT INFORMATIONCONTACT INFORMATIONCONTACT INFORMATIONCONTACT INFORMATION

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