Family Dollar at Zanesville
Property Type: Retail | Property Status: Sold
Property Details
Price: $610,000
CAP Rate:
Square Feet:
Tenancy Type: National
Lease Type:
Location Info
Address: 1236 Maple Avenue
City: Zanesville
State: OH
Zip: 43701
Property Description
Short Description:
The single tenant, freestanding Family Dollar is located in Zanesville, Ohio. The brick building was built in 2000 to accommodate its single tenant retailer, Family Dollar, who hand-picked this particular location for its expansion in the Central Ohio area. Family Dollar is a publically traded (NYSE: FDO) Fortune 500 Company whose growth has remained constant and reports record earnings at its fiscal year end in August, 2009. The company shows a net income increase of 25.0% to $291.3 million ($2.07 per share), compared to $233.1 million ($1.66 per share) at fiscal year-end in 2008. Family Dollar conveniently places their stores in thriving areas, which allows for them to remain the fastest growing discount retailer.
Details
Full Offering Memorandum