Vacant former Family Dollar retail property offering an attractive investment opportunity with existing rental income of over $6,000 per month from a lease with approximately six years remaining. This well-maintained retail building presents an excellent opportunity for investors seeking immediate income together with long-term repositioning potential.
The property comprises approximately 12,250 sq ft on a 1.8-acre site and is located just minutes from the town centre. Originally constructed in 2004 and renovated in 2021, the single-storey building offers a versatile retail layout suitable for a wide range of future commercial uses, subject to the necessary approvals. The premises are currently unoccupied and ready for a new tenant.
With a sizeable building, generous site area and existing rental income, the property provides numerous opportunities for investors, owner-occupiers or developers seeking a flexible commercial asset. The combination of immediate income and leasing or redevelopment potential makes this an attractive acquisition.
Enquire today to receive further information about this retail investment opportunity.
Investment Highlights
- Former Family Dollar retail property
- Approximately 12,250 sq ft building
- Situated on approximately 1.8 acres
- Renovated in 2021
- Existing lease generating over $6,000 per month
- Approximately six years remaining on the current lease
- Vacant and ready for a new tenant
- Suitable for a variety of commercial uses
