Drug Store
Dark Family Dollar Center Point TX
5881 TX-27, Center Point, TX 78010
Listing Price: $1,051,738
Investment Overview
Marcus and Millichap is pleased to present for sale this Dark Family Dollar in Center Point Texas. Family Dollar is still paying and guaranteeing the rent and handling all responsibilities on the asset, providing owners 6.5 years of guaranteed income giving ample time to add value to the property and cashflow.
Dark Family Dollar Center Point TX
Investment Highlights
- Owner-User, Development, & Value Add Opportunity With 6.5 years remaining, investors get the benefit of substantial cashflow while they work to improve the asset in the future.
- Rare Increase to Rent At year 11 of lease (next year) the rent shall increase by 10% significantly increasing return for an investor over the remaining base term.
- Attractive Cash Flow Asset available at a competitive cap rate with income guaranteed by Family Dollar Corporate
- Absolute NNN Lease Landlord to benefit from fully passive ownership structure
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,051,738
Investment Highlights
- Owner-User, Development, & Value Add Opportunity With 6.5 years remaining, investors get the benefit of substantial cashflow while they work to improve the asset in the future.
- Rare Increase to Rent At year 11 of lease (next year) the rent shall increase by 10% significantly increasing return for an investor over the remaining base term.
- Attractive Cash Flow Asset available at a competitive cap rate with income guaranteed by Family Dollar Corporate
- Absolute NNN Lease Landlord to benefit from fully passive ownership structure
Investment Overview
Marcus and Millichap is pleased to present for sale this Dark Family Dollar in Center Point Texas. Family Dollar is still paying and guaranteeing the rent and handling all responsibilities on the asset, providing owners 6.5 years of guaranteed income giving ample time to add value to the property and cashflow.
Exclusively Listed By
Broker of Record
Financing By
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