This Retail Property is Off-Market.

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

9,180 SF · Retail For Sale

N/A

Print

Family Dollar

Price N/A Occupancy 100%
Building Size 9,180 SF No. Stories 1
Property Type Retail Tenancy Single
Property Sub-type Free Standing Bldg Year Built 2007
Property Use Type Investment Lot Size 0.90 AC
Cap Rate 8%
Listing ID: 15067861 Date Created: 03/29/2007 Last Updated: 06/22/2007

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.

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

Research

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

Elkhart Market Trends - Asking price index trends, sale price trends, asking rent trends

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)