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2636 Parkway Dr
Lubbock, TX 79403

Family Dollar · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
C
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.56 AC
Parking
20 Spaces (2.49 Spaces per 1,000 SF Leased)
Frontage
290 FT on Parkway Dr

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection

About 2636 Parkway Dr , Lubbock, TX 79403

Marcus & Millichap is pleased to present Family Dollar located at 2636 Parkway Drive in Lubbock, Texas. The property is being operated as a single-tenant Family Dollar. Family Dollar has been operating the subject since 1998 and in 2013, signed a lease amendment extending the base term for ten years showing its commitment to the site. Family Dollar has over six years remaining on it’s original lease with two five year options to extend. Operating under a NN lease, the landlord is primarily responsible for roof & structure as well as base year taxes and insurance. The tenant is responsible for increases in insurance premiums required to be carried by landlord, and any increase in property taxes above the 1st lease year. The lease is corporately guaranteed by Family Dollar, a subsidiary of Fortune 500 Company Dollar Tree.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R134390
Land Assessment
$12,264
Improvements Assessment
$537,736
Total Assessment
$550,000
  • Listing ID: 10240458

  • Date on Market: 11/22/2017

  • Last Updated:

  • Address: 2636 Parkway Dr, Lubbock, TX 79403

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