Discount
Family Dollar
215 E Front St, De Kalb, TX 75559
Listing Price: $337,908
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a single-tenant Family Dollar located in the city of De Kalb, Texas. The opportunity presents investors with a corporate guaranteed (S&P Rated: BBB) fee-simple gross lease with Family Dollar, one of the nation’s largest and most successful discount variety stores. The “essential use” operator has been operating at the site for over 23+ years and currently has approximately two years of term remaining after exercising their fourth five-year option in 2020. The lease provides favorable increases every option period to hedge against inflation. The site benefits from its highly traveled location on East Front Street that sees over 10,650+ cars per day on a substantial corridor that includes many of the city’s academic and retail institutions, which include retailers like United States Postal Service, Valero, and Dollar General Market. The location benefits from a captive population of over 3,720 people and average household income of over $64,160 in a five-mile radius. This location continued to show strong sales figures prior and during the pandemic.
Investment Highlights
- Long Term Occupancy - Two Years Remaining on Term with Options
- Strong Corporate Guarantee by Family Dollar Holdings, Inc. (S&P: BBB)
- Essential Use – Pandemic & Recession Resistant
- Fee-Simple Gross Lease – Healthy and Attractive Increases to Hedge Against Inflation
- One of only Two Dollar Stores in a 10 Mile Radius – Captive Audience
- Excellent Visibility on East Front Street with Ideal Access
- Strong Sales and Healthy Rent-To-Sales Ratio
- Attractively Low Price Point
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $337,908
Investment Highlights
- Long Term Occupancy - Two Years Remaining on Term with Options
- Strong Corporate Guarantee by Family Dollar Holdings, Inc. (S&P: BBB)
- Essential Use – Pandemic & Recession Resistant
- Fee-Simple Gross Lease – Healthy and Attractive Increases to Hedge Against Inflation
- One of only Two Dollar Stores in a 10 Mile Radius – Captive Audience
- Excellent Visibility on East Front Street with Ideal Access
- Strong Sales and Healthy Rent-To-Sales Ratio
- Attractively Low Price Point
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a single-tenant Family Dollar located in the city of De Kalb, Texas. The opportunity presents investors with a corporate guaranteed (S&P Rated: BBB) fee-simple gross lease with Family Dollar, one of the nation’s largest and most successful discount variety stores. The “essential use” operator has been operating at the site for over 23+ years and currently has approximately two years of term remaining after exercising their fourth five-year option in 2020. The lease provides favorable increases every option period to hedge against inflation. The site benefits from its highly traveled location on East Front Street that sees over 10,650+ cars per day on a substantial corridor that includes many of the city’s academic and retail institutions, which include retailers like United States Postal Service, Valero, and Dollar General Market. The location benefits from a captive population of over 3,720 people and average household income of over $64,160 in a five-mile radius. This location continued to show strong sales figures prior and during the pandemic.
Exclusively Listed By
Broker of Record
Financing By

