Blue West Capital is pleased to exclusively offer for sale a single tenant net leased Family Dollar in Sarasota, FL. Family Dollar just exercised their first renewal option evidencing the strength of this store and their commitment to the location. The building was built in 2012. Family Dollar’s parent company, Dollar Tree, is an investment grade rated company (S&P: BBB).
The Family Dollar property is strategically located just north of downtown Sarasota. Sarasota recently ranked as a top 10 Best Place to Live in the U.S. by U.S. News & World Report. The Family Dollar is positioned at a hard corner along Washington Blvd (U.S. Route 301 & U.S. Route 41), the primary north-south thoroughfare with traffic counts of 46,000 VPD. The property is just north of Sarasota’s many tourist attractions and numerous high-end hotels such as The Ritz Carlton, Hyatt Regency, The Westin, Embassy Suites, and Aloft. There are over 75,000 people living within three miles.
This property can be purchased individually or with another similar Dollar Tree in Port Charlotte, FL or with several other STNL properties in the Orlando MSA and the Detroit MSA. Contact broker for details.