Family Dollar - Dollar Tree Combo | NEC FM 1713 & Tulip Lane
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Family Dollar - Dollar Tree Combo NEC FM 1713 & Tulip Lane
10,500 SF Retail Building Whitney, TX 76692 $1,378,000 ($131/SF) 8% Cap Rate
Investment Highlights
- Brand New 10-Year Corporate Lease - Family Dollar and Dollar Tree Combo Store
- New High Quality 2023 Construction
- Property Will Have a 20 Year Roof Warranty
- Rental Increases Occurring in Each Renewal Option Period
- Family Dollar / Dollar Tree Combo Stores Average 20 Percent More in Sales than Traditional Family Dollar Locations
- Situated Along FM-1713 (Approx. 5,000 Cars per Day) Beside Lake Whitney
Executive Summary
Ranked 137 on the Fortune 500 list, Dollar Tree, Inc. is comprised of two iconic brands – Dollar Tree and Family Dollar – delivering value and convenience through complementary businesses. Combo Stores bring the best of Dollar Tree (seasonal, party, crafting) and Family Dollar (savings on family essentials) together under one convenient roof to help customers find everything they want and need.
Lake Whitney, a small city located in Hill County, is situated in the northern part of Texas. Whitney is approximately 60 miles southwest of Fort Worth. With a population of around 2,000 residents, Whitney offers a tight-knit community, proximity to outdoor recreation, and a relaxed small-town atmosphere.
Lake Whitney, a small city located in Hill County, is situated in the northern part of Texas. Whitney is approximately 60 miles southwest of Fort Worth. With a population of around 2,000 residents, Whitney offers a tight-knit community, proximity to outdoor recreation, and a relaxed small-town atmosphere.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,500 SF
Year Built
2023
Price
$1,378,000
Price Per SF
$131
Cap Rate
8%
NOI
$110,250
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.01 AC
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Family Dollar Stores of Texas, LLC
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Family Dollar Stores of Texas, LLC | Retailer | 99,999 SF | - | Lorem Ipsum | - |
PROPERTY TAXES
| Parcel Number | 134805 | Improvements Assessment | $1,241,330 |
| Land Assessment | $36,190 | Total Assessment | $1,277,520 |
PROPERTY TAXES
Parcel Number
134805
Land Assessment
$36,190
Improvements Assessment
$1,241,330
Total Assessment
$1,277,520
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Family Dollar - Dollar Tree Combo | NEC FM 1713 & Tulip Lane
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