3411 Leopard St
Corpus Christi, TX 78408
Dollar Tree NNN (10 Year Lease) · Retail Property For Sale

Marcus & Millichap is pleased to exclusively list for sale a single tenant property in Corpus Christi leased to Dollar Tree, Inc. The property has 9.5 years remaining on the primary lease term as well as two additional five-year options. The building is located directly across the street from an exceptionally busy H-E-B on Leopard Street, one of the primary thoroughfares in the area. Dollar Tree, Inc. operates under a triple net lease at a rental rate of $11.00 per square foot. This rate is below market for a building of this quality and location. The low rental rate is very advantageous for an investor because it helps to insure Dollar Tree will continue to operate the store. In addition, if the tenant were to leave, it creates an upside opportunity for the owner to raise the rent. This is a great opportunity for an investor desiring stable, long term cash flow in a growing area with strong real estate fundamentals.