Family Dollar/Dollar Tree | 669 W Main St
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Family Dollar/Dollar Tree 669 W Main St
8,856 SF Retail Building Van, TX 75790 $1,134,761 ($128/SF) 7.75% Cap Rate
Investment Highlights
- Family Dollar/Dollar Tree Combo Store With 7+ Years Remaining on Primary Term
- Strong 5-Mile Demographic With Over 22,000 Residents
- Strong Built-In Customer Base - Several Schools and Residential Neighborhoods Surrounding the Subject Property
- Tenant Fully Responsible for HVAC Repairs/Replacement
- Subject Property is Centrally Located Only 27 Miles From Tyler and 73 Miles From Dallas
- Easily Accessible From Interstate-20 Generating 34,000+ Vehicles Passing per day
Executive Summary
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Family Dollar/Dollar Tree in Van, TX. The subject property is a combo store with 7+ years remaining on primary term where tenant is fully responsible for HVAC repairs/replacement. It has a strong built-in customer base with several schools and residential neighborhoods surrounding. The property is also easily accessible from Interstate-20 generating 34k+ vehicles per day.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,856 SF
Year Built
2021
Price
$1,134,761
Price Per SF
$128
Cap Rate
7.75%
NOI
$87,944
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.60 AC
Parking
32 Spaces (3.61 Spaces per 1,000 SF Leased)
Frontage
173 FT on West Main Street
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | R000020363 | Improvements Assessment | $786,400 |
| Land Assessment | $43,600 | Total Assessment | $830,000 |
PROPERTY TAXES
Parcel Number
R000020363
Land Assessment
$43,600
Improvements Assessment
$786,400
Total Assessment
$830,000
Contacts
-
Eric Kelley -
Cody Crist -
Chance Hales -
Branson Blackburn -
Trinity Real Estate Investment Services, LLC
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Family Dollar/Dollar Tree | 669 W Main St
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