Family Dollar – Tyler, TX

Family Dollar
403 S Glenwood Blvd, Tyler, TX 75702, USA

Sands Investment Group is pleased to exclusively offer for sale the 8,320 SF Family Dollar located at 403 S Glenwood Boulevard in Tyler, TX. The property features approximately 5+ years remaining on a rare Absolute Triple Net (NNN) Lease with zero landlord responsibilities, along with a 10% rent increase scheduled for October 2026 and every five years throughout the option periods, offering built-in rental growth and a strong passive investment opportunity.

  • 5+ Years Remaining on an Absolute Triple Net (NNN) Lease: Zero landlord responsibilities, ensuring truly passive ownership.
  • Corporate Guarantee: Family Dollar Stores, Inc. operates 7,150+ locations across 49 states, providing strong credit backing.
  • Built-In Rental Growth: 10% increase scheduled for October 2026, with additional increases every 5 years in option periods.
  • Prime Signalized Hard Corner Location: Exposure to 34,000+ vehicles per day, delivering excellent visibility and access.
  • Dense Surrounding Residential Base: Immediate proximity to established neighborhoods supports consistent customer traffic.
  • Texas Location: No state income tax, enhancing after-tax investor returns.
  • Tyler Market Positioning: Recognized as the economic and healthcare hub of East Texas, supported by a strong regional population and stable demand drivers.

 

In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

 

Family Dollar
403 S Glenwood Blvd, Tyler, TX 75702, USA

Family Dollar

Family Dollar Stores, Inc. is an American variety store chain. There are 7,150 Family Dollar stores in the United States as of March 10, 2026. Family Dollar Stores, Inc.  operates general merchandise retail discount stores. Its products are categorized under consumables, home products, apparel and accessories, and seasonal and electronic products. The company’s apparel and accessories category products include men’s, women’s, boys’ and girls’, and infants’ clothing, shoes, and fashion accessories. Its seasonal and electronics products category includes toys, stationery, and school supplies, seasonal goods, and personal electronics, which include pre-paid cellular phones and services.

 

Price

$1,509,665

Cap Rate

7.75%

PREMISES

8,320 SF

YEAR BUILT

2016

RENEWAL OPTIONS

6 x 5 Year Options

Lease Expiration

09/30/2031

Lease Type

Absolute NNN

RENTAL INCREASES

10% on 10/1/2026 and 10% at Each Option

BROKERS

List with SIG

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