1006 S Main St
Duncanville, TX 75137
Family Dollar · Retail Property For Sale

Over 5 years remaining on a 10 year NN lease* extension with a fixed annual rent increase of 10% starting with the sixth year. Additionally there are four 5 year option periods. A tenant since 2005, Family Dollar extended early for 10 years in 2015 after an investment of $500,000 to expand and modernize the store (including a new façade) showing commitment to the site. The subject property is located on South Main Street approximately 1.2 miles north of the S. G. Alexander Freeway (US Highway 67) and 1.6 miles south of Interstate 20. Traffic counts on South Main St. are in excess of 14,600AADT. Duncanville is approximately 15 miles southwest of Dallas. Other retail in the immediate area includes Sonic, Dairy Queen 7-Eleven and Chase Bank. Also in close proximity is Merrifield Elementary School with 560 students. *Landlord responsible for building exterior, including walls, roof, plumbing, electrical (including under slab), parking and landscaped area. Tenant provides reimbursement of maintenance costs for parking and landscaped area. Tenant pays 100% of property tax, insurance and utilities. See lease for complete details. *Sale price based on July 1, 2020 rent. Buyer to receive credit for any rent difference due at close of escrow.