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Family Dollar - Dollar Tree Combo

NEC FM 1713 & Tulip Lane, Lake Whitney, TX 76692

Listing Price: $1,500,000

Cap Rate
7.35%
Tenant Name
Family Dollar
Years Remaining On Lease
9.4
Gross SF
10,500
Guarantor
Corporate Guarantee
Rentable SF
10,500
Price/Gross SF
$142.86
Lease Type
Double Net
Rent Per Square Feet
$10.50

Investment Overview

Marcus & Millichap is pleased to present for sale Family Dollar - Dollar Tree Combo Store in Lake Whitney, TX. Ranked 137 on the Fortune 500 list, Dollar Tree, Inc. is comprised of two iconic brands – Dollar Tree and Family Dollar – delivering value and convenience through complementary businesses. Combo Stores bring the best of Dollar Tree (seasonal, party, crafting) and Family Dollar (savings on family essentials) together under one convenient roof to help customers find everything they want and need.
Lake Whitney, a small city located in Hill County, is situated in the northern part of Texas. Whitney is approximately 60 miles southwest of Fort Worth. With a population of around 2,000 residents, Whitney offers a tight-knit community, proximity to outdoor recreation, and a relaxed small-town atmosphere.

Investment Highlights

  • Brand New 10-Year Corporate Lease - Family Dollar and Dollar Tree Combo Store
  • Rental Increases Occurring in Each Renewal Option Period
  • New High Quality 2023 Construction
  • Family Dollar / Dollar Tree Combo Stores Average 20 Percent More in Sales than Traditional Family Dollar Locations
  • Property Will Have a 20 Year Roof Warranty
  • 16 Miles West of Hillsboro - Home to Hill College, Hill Regional Hospital, and a Dense Retail Corridor (Walmart, Tractor Supply Co, McDonald's, Whataburger, and More)

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Discount

Family Dollar - Dollar Tree Combo

Listing Price: $1,500,000

Cap Rate
7.35%
Tenant Name
Family Dollar
Years Remaining On Lease
9.4
Gross SF
10,500
Guarantor
Corporate Guarantee
Rentable SF
10,500
Price/Gross SF
$142.86
Lease Type
Double Net
Rent Per Square Feet
$10.50

Investment Highlights

  • Brand New 10-Year Corporate Lease - Family Dollar and Dollar Tree Combo Store
  • Rental Increases Occurring in Each Renewal Option Period
  • New High Quality 2023 Construction
  • Family Dollar / Dollar Tree Combo Stores Average 20 Percent More in Sales than Traditional Family Dollar Locations
  • Property Will Have a 20 Year Roof Warranty
  • 16 Miles West of Hillsboro - Home to Hill College, Hill Regional Hospital, and a Dense Retail Corridor (Walmart, Tractor Supply Co, McDonald's, Whataburger, and More)

Investment Overview

Marcus & Millichap is pleased to present for sale Family Dollar - Dollar Tree Combo Store in Lake Whitney, TX. Ranked 137 on the Fortune 500 list, Dollar Tree, Inc. is comprised of two iconic brands – Dollar Tree and Family Dollar – delivering value and convenience through complementary businesses. Combo Stores bring the best of Dollar Tree (seasonal, party, crafting) and Family Dollar (savings on family essentials) together under one convenient roof to help customers find everything they want and need. Lake Whitney, a small city located in Hill County, is situated in the northern part of Texas. Whitney is approximately 60 miles southwest of Fort Worth. With a population of around 2,000 residents, Whitney offers a tight-knit community, proximity to outdoor recreation, and a relaxed small-town atmosphere.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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