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Family Dollar

1115 N Main St, Shamrock, TX 79079

Listing Price: $1,120,181

Cap Rate
7.56%
Tenant Name
Family Dollar
Years Remaining On Lease
2.7
Guarantor
Corporate Guarantee
Rentable SF
8,000
Lease Type
Double Net
Rent Per Square Feet
$10.58

Investment Overview

Marcus and Millichap is pleased to present investors with the unique opportunity to acquire a strong-performing Family Dollar located on Historic Route 66 in Shamrock, Texas. The building was a build to suit for Family Dollar in 2011. The tenant has four, five-year options remaining with strong rent increases built in. The lease is a classic Family Dollar double net lease with landlord responsible for roof, structure, and parking lot with the tenant taking care of HVAC, CAM, taxes, and insurance. The property sits just off the main street in Shamrock, Texas, otherwise known as Route 66, which provides high traffic volume and excellent visibility. Numerous hotels and inns in the area attract tourists from all over the United States.

Investment Highlights

  • Strong Performing Family Dollar
  • Four (4), 5-Year Options
  • Located on Historic Route 66
  • Double Net Lease

Exclusively Listed By

Discount

Family Dollar

Listing Price: $1,120,181

Cap Rate
7.56%
Tenant Name
Family Dollar
Years Remaining On Lease
2.7
Guarantor
Corporate Guarantee
Rentable SF
8,000
Lease Type
Double Net
Rent Per Square Feet
$10.58

Investment Highlights

  • Strong Performing Family Dollar
  • Four (4), 5-Year Options
  • Located on Historic Route 66
  • Double Net Lease

Investment Overview

Marcus and Millichap is pleased to present investors with the unique opportunity to acquire a strong-performing Family Dollar located on Historic Route 66 in Shamrock, Texas. The building was a build to suit for Family Dollar in 2011. The tenant has four, five-year options remaining with strong rent increases built in. The lease is a classic Family Dollar double net lease with landlord responsible for roof, structure, and parking lot with the tenant taking care of HVAC, CAM, taxes, and insurance. The property sits just off the main street in Shamrock, Texas, otherwise known as Route 66, which provides high traffic volume and excellent visibility. Numerous hotels and inns in the area attract tourists from all over the United States.

Exclusively Listed By

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