Family Dollar | Crockett, Texas

Family Dollar
703 South 4th Street, Crockett, TX, 75835, USA

Sands Investment Group is Pleased to Exclusively Offer For Sale the 9,180 SF Family Dollar NN Asset Located at 703 South 4th Street in Crockett, TX. This Deal Has 5-Years Remaining of Corporate Guaranteed Income (DLTR) on the Initial Lease Term, Providing For a Secure Investment.

  • Corporate Guaranteed Income – Publicly Traded Dollar Tree (DLTR) Rated BBB
  • Strategic Location With No Grocery/Discount Store Competition
  • Newer Construction – Built 2019
  • Close Proximity to Loop 304, the Primary Thoroughfare in Crockett
  • 5% Rent Increase at Renewals Every 5 Years
  • No Deferred Maintenance | Concrete Parking Lot
  • Crockett is the County Seat of Houston County
  • Excellent Visibility and Frontage on S 4th St

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

Family Dollar
703 South 4th Street, Crockett, TX, 75835, USA

FAMILY DOLLAR
Family Dollar Stores, Inc. is an American variety store chain. With over 8,000+ locations 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 include toys, stationery and school supplies, seasonal goods, personal electronics, which include pre-paid cellular phones and services

Price

$1,025,000

Cap Rate

7.76%

PREMISES

9,180 SF

RENEWAL OPTIONS

6 X 5 Year Options

Lease Expiration

03/31/2030

Lease Type

NN

RENTAL INCREASES

5% at Renewals

BROKERS

Cayson Willeford
Austin

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