Family Dollar | Tyler, TX 3508 Frankston Hwy 8,000 SF Retail Building Tyler, TX 75701 $1,055,000 ($131.88/SF) 9% Cap Rate

This Family Dollar property at 3508 Frankston Highway in Tyler, Texas presents an attractive opportunity for investors seeking steady income from a nationally recognized tenant. Located on a 1.95-acre site, this approximately 8,000-square-foot store benefits from a long-term lease structure with a current expiration date of June 30, 2031, ensuring consistent cash flow. The property offers a strong net operating income of $95,000 annually and sits prominently along a visible frontage route that captures local and commuter traffic.
Tyler serves as a regional hub for East Texas, combining a stable economy, a growing population, and strong retail demand. Traffic counts surrounding the property include 2,781 vehicles per day on TX-37 and 7,738 vehicles per day on US-271 (2024 data), supporting ongoing consumer access and visibility. The location lies within a dynamic trade area with nearby national retailers such as Walmart, Home Depot, Brookshire’s, and Sam’s Club, further enhancing customer draw. This investment represents a reliable single-tenant asset backed by a discount retail brand with a broad market reach.