Family Dollar #4102
Property Value
$680,000
Square Feet
8,400
Year Built
2014
Monthly NOI
$4,200
Occupancy
100%
Lease Type
NNN
Property Details
Property Name
Family Dollar #4102
Property Type
Commercial Retail
Year Built
2014
Lot Size
0.9 acres
Leasable Area
8,400 sq ft
Lease Type
NNN
Primary Tenant
Dollar Tree Inc.
Status
active
Location
City
Jackson
State
MS
Market
Jackson Metro
Submarket
Jackson CBD
Interactive map — Jackson, MS
Financial Summary
Property Value
$680,000
Monthly NOI
$4,200
Annual NOI
$50,400
Cap Rate
7.4%
Core Lease Terms
Lease Type
NNN
Lease Commencement
Jan 2019
Lease Expiration
Mar 2029
Lease Term
15 years
Remaining Term
8.4 years
Tenant
Dollar Tree Inc.
Financial Terms
Base Rent (Annual)
$57,960
Base Rent (Monthly)
$4,830
Rent per Sq Ft
$6.90
Security Deposit
$8,400
CAM Charges
$25.20/mo
Monthly NOI
$4,200
Renewal Options
Number of Options
3
Option Term
5 years each
Notice Period
180 days
Renewal Rate
Fair Market Value
Right of First Refusal
Yes
Rent Escalations
Escalation Type
Fixed Annual
Annual Increase
2.5%
CPI Cap
4.0%
CPI Floor
1.5%
Year 1-3
2.0%
Year 4-6
2.5%
Year 7-10
3.0%
Year 11+
CPI
Certificate of Insurance (COI)
General liability and property insurance coverage verified for Dollar Tree Inc..
HVAC Certification
Annual HVAC inspection and maintenance certification. Due for renewal within 45 days.
Fire Safety Inspection
Fire alarm systems, sprinkler inspection, and emergency exit compliance verified.
ADA Compliance
Americans with Disabilities Act accessibility requirements met. Last audit completed.
Phase I Environmental
Phase I Environmental Site Assessment. No recognized environmental conditions identified.
Roof Warranty
20-year roof membrane warranty. Inspection required to maintain warranty validity.
Quarterly HVAC Filter Replacement
Scheduled
Replace all HVAC filters (MERV-13) across 4 rooftop units. Includes coil inspection and belt tension check.
Parking Lot Restriping
In Progress
Full parking lot restriping including ADA spaces, fire lanes, and directional arrows. Weather-dependent completion.
Emergency Roof Leak Repair
Completed
Repaired 12 sq ft section of TPO membrane near northwest corner drain. Applied additional sealant to adjacent seams.
Annual Fire Suppression Inspection
Completed
Annual fire sprinkler system inspection and testing. All zones passed. Replaced 2 corroded heads in back storage area.
Exterior LED Lighting Upgrade
Completed
Replaced 24 exterior HID fixtures with LED equivalents. Includes parking lot, building perimeter, and signage lighting.
Dollar Tree Inc. - Executed Lease Agreement.pdf
Certificate of Insurance - Dollar Tree Inc..pdf
Rent Roll - Family Dollar #4102.xlsx
Property Appraisal Report - 2014.pdf
Property Photos - Exterior & Interior.zip
Phase I Environmental Site Assessment.pdf
HVAC Maintenance Contract.pdf