Family Dollar | Houston, TX (Westpark Dr)

Family Dollar
15645 Westpark Drive - Houston, TX 77082

Sands Investment Group is Pleased to Exclusively Offer For Sale the 8,320 SF Family Dollar Located at 15645 Westpark Drive in Houston, TX. This is an In-Fill Core Market Retail Location With a 1.57 Acre Lot on a Lighted Intersection, Providing For a Reliable Investment

  • Family Dollar Exercised Renewal Option in October, 2023 Showing Commitment to Location
  • Fundamentally Strong Real Estate on Lighted Intersection of Westpark Drive and Addicks Clodine Road
  • In-fill Houston, TX Demographics: 132K 3-Mile Population With $84K Average Income
  • Roof and Building in Excellent Condition With No Deferred Maintenance | Concrete Parking Lot
  • Minimal Landlord Responsibilities – Tenant Responsible For Taxes, Insurance, HOA Fees, CAM, HVAC
  • Corporate Guarantee – Publicly Traded Dollar Tree (DLTR) Rated BBB
  • Property Surrounded By 7 Different Schools

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

Family Dollar
15645 Westpark Drive - Houston, TX 77082

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

$1,570,322

Cap Rate

7.75%

PREMISES

8,320 SF

RENEWAL OPTIONS

4 X 5 Year Renewal Options

Lease Expiration

09/30/2028

Lease Type

NN

RENTAL INCREASES

10% at Renewal Options

BROKERS

Cayson Willeford
Austin

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