Family Dollar Tree | 2885 S US Hwy 83
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Family Dollar Tree 2885 S US Hwy 83
10,500 SF Retail Building Zapata, TX 78076 $1,624,875 ($155/SF) 8% Cap Rate
Investment Highlights
- 2022 build to suit for Family Dollar Tree
- Corporately guaranteed lease
- Family Dollar Tree Combo stores have proven 20% higher sales volume than non-co-branded stores
- ±7.75 years remaining on an initial 10-year lease
- Rent increases of $5,250 ($0.50 / SF) in all four, 5-year options
- The subject property comes with a 20-year roof warranty
Executive Summary
BROKER OF RECORD
PATRICK GRAHAM
LIC # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
PATRICK GRAHAM
LIC # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
10,500 SF
Building Class
B
Year Built
2022
Price
$1,624,875
Price Per SF
$155
Cap Rate
8%
NOI
$129,990
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.20 AC
Opportunity Zone
Yes
PROPERTY TAXES
Parcel Number | 002200002023000 | Improvements Assessment | $629,280 |
Land Assessment | $277,695 | Total Assessment | $906,975 |
PROPERTY TAXES
Parcel Number
002200002023000
Land Assessment
$277,695
Improvements Assessment
$629,280
Total Assessment
$906,975
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Family Dollar Tree | 2885 S US Hwy 83
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