Northbrook, IL – June 14, 2016 – (RealEstateRama) — The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Family Dollar located at 19132 State Route 52 in Metamora, IN for $1,465,000.
The newly constructed Family Dollar is located along US Route 52 which is the primary thoroughfare in the trade area. The property is approximately fifty miles northwest of Cincinnati and seventy miles southeast of Indianapolis.
The new Family Dollar lease is for fifteen years and expires in June 2031. The absolute triple net lease features no landlord responsibilities and six 5-year renewal option periods. Family Dollar Stores, Inc. is the second largest dollar store chain in the United States, operating 8,100 stores across 46 states.