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Single-Tenant Vacant-User

Family Dollar Redevelopment Opportunity

15645 Westpark Dr, Houston, TX 77082

Listing Price: $1,400,000

Tenant Name
Family Dollar
Years Remaining On Lease
1.3
Guarantor
Corporate Guarantee
Rentable SF
8,320
Lease Type
Double Net

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing a Family Dollar property located at 15645 Westpark Drive in Houston, TX. The sites consists of roughly 8,320 rentable square feet of building space on an estimated 1.57-acres of land. The property is subject to an original 15 year double-net (NN) lease, which commenced on September 30th, 2008, and expires September 30th, 2023. There are approximately 1.4-years remaining. Family Dollar Has Notified The Current Landlord of Plans to Vacate at the End of Their Lease The current annual rent through September 30th, 2023 is $110,636.

Investment Highlights

  • +/-1.4 Years Remaining on a Double Net (NN) Lease
  • Corporate Tenant | Corporate Guaranty | Highly Visible Storefront
  • Excellent Redevelopment Opportunity in Growing Market

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Single-Tenant Vacant-User

Family Dollar Redevelopment Opportunity

Listing Price: $1,400,000

Tenant Name
Family Dollar
Years Remaining On Lease
1.3
Guarantor
Corporate Guarantee
Rentable SF
8,320
Lease Type
Double Net

Investment Highlights

  • +/-1.4 Years Remaining on a Double Net (NN) Lease
  • Corporate Tenant | Corporate Guaranty | Highly Visible Storefront
  • Excellent Redevelopment Opportunity in Growing Market

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing a Family Dollar property located at 15645 Westpark Drive in Houston, TX. The sites consists of roughly 8,320 rentable square feet of building space on an estimated 1.57-acres of land. The property is subject to an original 15 year double-net (NN) lease, which commenced on September 30th, 2008, and expires September 30th, 2023. There are approximately 1.4-years remaining. Family Dollar Has Notified The Current Landlord of Plans to Vacate at the End of Their Lease The current annual rent through September 30th, 2023 is $110,636.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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