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Corporate Guaranteed Family Dollar | 9% Cap 1001 S Main St

8,015 SF Retail Building Quanah, TX 79252 $861,000 ($107/SF) 9% Cap Rate

Investment Highlights

  • 10 Year Original Term Lease; 3.37 Years of Primary Term Remaining; Stabilized Sales with YOY Growth; Contact Broker for Details
  • Limited Landlord Responsibilities; Roof and Structure only; Transferable Roof Warranty; Build-to-suit 2018 Construction
  • Corporate Guaranty from Family Dollar; $10+ Billion in Company Revenue; 8,000+ Locations
  • One of 2 Dollar Stores Servicing the City; Virtually Zero Competition; Low Price Point; High Yield Opportunity
  • Signalized Intersection; 16,000 + Cars Per Day; Nearby Quanah High School; 300+ Enrolled Students;

Executive Summary

Low Price Point; High Yield Opportunity

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Department Store
Building Size
8,015 SF
Year Built/Renovated
1963/2018
Price
$861,000
Price Per SF
$107
Cap Rate
9%
NOI
$77,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.80 AC
Zoning
F1 Commercial
Frontage
140 FT on Main Street

Amenities

  • Signage

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Family Dollar is a place to shop when it comes to delivering quality and value on family essentials in a convenient location. Their stores are conveniently located in neighborhoods, and often in "food deserts" where other stores choose not to locate, providing a convenient, close-to-home option where customers can shop for essentials. By locating stores in places where others won’t, Family Dollar is improving the affordability and availability of essential goods. They are saving their customers time and money and helping them do more, even on a tight budget. Their Family Dollar stores focus on delivering top value for family essentials. They offer competitively-priced national brands from leading manufacturers alongside brand-name, equivalent-value, lower-priced private labels. Their aisles are stocked with food and beverages, paper products, health & beauty supplies, pet food, home products, apparel and accessories, etc.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer 99,999 SF - Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
045000014600001903100
Land Assessment
$8,570
Improvements Assessment
$118,970
Total Assessment
$127,540
  • Listing ID: 31793876

  • Date on Market: 5/14/2024

  • Last Updated:

  • Address: 1001 S Main St, Quanah, TX 79252

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