Skip to main content

Discount

Family Dollar / AutoZone Center

2843 E Ledbetter Dr, Dallas, TX 75216

Listing Price: $2,329,527

Cap Rate
5.65%
Tenant Name
Family Dollar & AutoZone
Years Remaining On Lease
2.4
Gross SF
18,675
Guarantor
Corporate Guarantee
Rentable SF
18,675
Price/Gross SF
$124.74
Lease Type
Triple Net (NNN)

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Family Dollar / AutoZone Center located at 2843-2849 East Ledbetter Drive in Dallas, Texas. The investment is being offered at $2,329,527 which represents a 5.65 percent cap rate.

Investment Highlights

  • Triple Net (NNN) Investment Grade Opportunity | Ideal for Investors Not Local to the Market
  • AutoZone has Two (2), Five Year Renewal Options Remaining With 8.5% Rent Increases at Every Renewal | Family Dollar has Two (2), Five (5) Year Renewal Options
  • Long-Term Corporate Leases By 2 National Credit Tenants | Family Dollar & AutoZone have Simultaneously & Successfully Operated at This Location for Over 24+ Years
  • Situated on 1.98 Acres in the Fourth Most Populated Metro in the Nation | Located Approximately 8 Miles from Downtown Dallas, TX
  • Strong Visibility on Ledbetter Drive With Over 27,000+ Vehicles Per Day | Proximity to Signalized Hard Corner
  • Located in a Dense Retail Corridor With National Retailers Including Taco Bell, 7-Eleven, Dollar General, Wells Fargo, Burger King, CVS Health, , Chase Bank, Bank of America, China Wok & Jack In The Box
  • Excellent Demographics: 199,673 Residents Within 5-Miles of Property

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Discount

Family Dollar / AutoZone Center

Listing Price: $2,329,527

Cap Rate
5.65%
Tenant Name
Family Dollar & AutoZone
Years Remaining On Lease
2.4
Gross SF
18,675
Guarantor
Corporate Guarantee
Rentable SF
18,675
Price/Gross SF
$124.74
Lease Type
Triple Net (NNN)

Investment Highlights

  • Triple Net (NNN) Investment Grade Opportunity | Ideal for Investors Not Local to the Market
  • AutoZone has Two (2), Five Year Renewal Options Remaining With 8.5% Rent Increases at Every Renewal | Family Dollar has Two (2), Five (5) Year Renewal Options
  • Long-Term Corporate Leases By 2 National Credit Tenants | Family Dollar & AutoZone have Simultaneously & Successfully Operated at This Location for Over 24+ Years
  • Situated on 1.98 Acres in the Fourth Most Populated Metro in the Nation | Located Approximately 8 Miles from Downtown Dallas, TX
  • Strong Visibility on Ledbetter Drive With Over 27,000+ Vehicles Per Day | Proximity to Signalized Hard Corner
  • Located in a Dense Retail Corridor With National Retailers Including Taco Bell, 7-Eleven, Dollar General, Wells Fargo, Burger King, CVS Health, , Chase Bank, Bank of America, China Wok & Jack In The Box
  • Excellent Demographics: 199,673 Residents Within 5-Miles of Property

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Family Dollar / AutoZone Center located at 2843-2849 East Ledbetter Drive in Dallas, Texas. The investment is being offered at $2,329,527 which represents a 5.65 percent cap rate.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

MM Texture Background
MM Textured Background Lower