5141 State Highway 87 S | Shelbyville, TX 75973
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- LoopNet Team
5141 State Highway 87 S
Shelbyville, TX 75973
Family Dollar | Abs. NNN Corporate Guarantee · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 15 Year Absolute NNN Lease; Over 6 years remaining on Primary Term; Corporate Guaranteed Lease with Family Dollar (NYSE: DLTR)
- No Competition as the only Dollar Store Located in Shelbyville, TX; Located in the Center of Town on the Primary Highway through Shelbyville
- Nearby School District Campuses holding major community events and football stadium
- 10% Rental Increase in September 2025; Six Lease Renewal Options at 10% Increase each
- Family Dollar Shelbyville serves the community with some groceries and refrigerated products such as dairy, frozen foods, and meats
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,400 SF
Building Class
C
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.06 AC
Frontage
178 FT on Texas Highway 87 S.
AMENITIES
- Pylon Sign
- Signage
- Monument Signage
PROPERTY TAXES
| Parcel Number | R26683 | Improvements Assessment | $407,850 |
| Land Assessment | $19,050 | Total Assessment | $426,900 |
PROPERTY TAXES
Parcel Number
R26683
Land Assessment
$19,050
Improvements Assessment
$407,850
Total Assessment
$426,900
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