$50,000 Minimum Investment
NN Lease – 10 years
This Kansas TIC property is perfect for those in a 1031 exchange looking for replacement property without management headaches. The tenant-in-common structure allows this property to be available to exchangors with as little as $50,000 in their exchange. Family Dollar is a strong tenant with more than 14,000 locations throughout the nation. Family Dollar properties use a landlord-friendly net-lease structure and in this case the tenant is responsible for everything outside of the roof, structure and parking lot. Family Dollar retail stores are an attractive combination of a long-term lease and a growing market concept that continues to capture value-conscious shoppers, which increases store productivity. In Q4 of 2017, Family Dollar’s gross profit increased 16.3% to $2.10 billion compared to $1.81 billion in Q4 the previous year. Contact us for info on current TIC Properties >>>