Historical Retail Sale Listing - Family Dollar

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Family Dollar

212 U.S. Highway 287 S, Elkhart, TX 75839

N/A

9,180 SF | Retail

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Family Dollar

Retail Property - Off Market

Price:
N/A
Building Size:
9,180 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Investment
Cap Rate:
8%
Occupancy:
100%
No. Stories:
1
Tenancy:
Single
Year Built:
2007
Lot Size:
0.90 AC
Listing ID
15067861
Last Updated
over 1 year ago

Highlights

  • Double-Net Lease - New Construction
  • Percentage Rent-3% Paid During Primary Term and Option Period
  • 10-Year Lease with 4/5 Year Option Periods
  • Tenant reimburses taxes & insurance
  • Landlord responsible for roof & structure
  • Tenant responsible for interior, storefront HVAC

Description

Family Dollar Stores, Inc. is one of the fastest growing discount store chains in the United States. During the last ten years, more than 4,000 new stores have been added to the chain, of which over 2,500 were added in the last five years.

Rent Schedule / Annual Rent
Years 1-10 $61,742.04
Option One $67,916.04
Option Two $74,707.08
Option Three $82,177.08
Option Four $90,395.04

Subject property is a 9,180 SF freestanding building located at 212 U.S. Highway 287 S, Elkhart, Texas. It is located on the southwest side of U.S. Highway 287 just southeast of FM 294 in Elkhart.The estimated opening date for Family Dollar is May 16, 2007.

Elkhart is located 52.4 miles from Tyler, 116 miles from Dallas and 147 miles from Fort Worth.

Map of 212 U.S. Highway 287 S, Elkhart, TX 75839 (Anderson County)

Research for 212 U.S. Highway 287 S, Elkhart, TX 75839 (Anderson County)

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