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Family Dollar 315 Texas Highway 37 10,500 SF Retail Building Mount Vernon, TX 75457 $1,620,000 ($154.29/SF) 7.76% Cap Rate
EXECUTIVE SUMMARY
Ideal Location for Dollar Tree – 3,772 Residents within 10 Mile Population
Minimal Landlord Responsibilities – Tenant Fully Responsible for HVAC Repairs and Replacement
Concrete Parking Lot and New Building Yield Minimal Landlord Responsibilities
Strong Corporate Guaranty by Investment Grade Tenant, Family Dollar. ($FDO), With an S&P Credit Rating of BBB
Excellent Visibility Along TX-37 – over 9,000 VPD with Easy Access from either Direction
Surrounding Retailers include Brookshire’s, McDonald’s, Starbucks, Dollar General, Sonic, Golden Chick, and More
PROPERTY FACTS
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Retailer
- -
- -
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Family Dollar is a neighborhood-focused retailer committed to providing everyday essentials at affordable prices. With merchandise typically ranging from $1 to $10, Family Dollar offers a wide selection of competitively priced national brands alongside value-driven private labels. Customers can find food and beverages, paper goods, health and beauty products, pet supplies, home décor, apparel, seasonal items, and personal electronics—all in one convenient location. Family Dollar stores are strategically located in communities across the country, including underserved areas often lacking access to affordable retail options. By placing stores in these neighborhoods, Family Dollar helps improve the availability of essential goods while saving customers time and money. The company’s mission is rooted in delivering value, convenience, and reliability to families seeking quality products on a budget.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
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Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 28 | Improvements Assessment | $672,920 |
| Land Assessment | $57,250 | Total Assessment | $730,170 |
PROPERTY TAXES
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Family Dollar | 315 Texas Highway 37
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