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Discount

Family Dollar

8513 McCart Ave, Fort Worth, TX 76123

Listing Price: $1,698,000

Cap Rate
8.25%
Tenant Name
Family Dollar
Years Remaining On Lease
1.4
Gross SF
8,320
Guarantor
Corporate Guarantee
Rentable SF
8,320
Price/Gross SF
$204.09
Lease Type
Double Net
Rent Per Square Feet
$16.83

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a double net lease Family Dollar in Fort Worth, TX. The property consists of a 8,320-square-foot, freestanding building that sits on approximately 1.70 acres of land. There are 1.4 years remaining on the lease with 10% rental increases in each option.

Investment Highlights

  • Limited Future Competition - Fort Worth Zoning Requirements Don't Allow for the Construction of New Dollar Stores Within a Two-Mile Radius of Existing Stores
  • Excellent Access and Visibility on McCart Avenue (19,604 VPD)
  • More Than 208,483 Residents Within a Five-Mile Radius
  • Large 1.70 Acre Parcel With Ample Parking and Multiple Access Points
  • Commitment to Site – Tenant Exercises an Option in 2020 and has Operated at This Location for 14 Years

Exclusively Listed By

Discount

Family Dollar

Listing Price: $1,698,000

Cap Rate
8.25%
Tenant Name
Family Dollar
Years Remaining On Lease
1.4
Gross SF
8,320
Guarantor
Corporate Guarantee
Rentable SF
8,320
Price/Gross SF
$204.09
Lease Type
Double Net
Rent Per Square Feet
$16.83

Investment Highlights

  • Limited Future Competition - Fort Worth Zoning Requirements Don't Allow for the Construction of New Dollar Stores Within a Two-Mile Radius of Existing Stores
  • Excellent Access and Visibility on McCart Avenue (19,604 VPD)
  • More Than 208,483 Residents Within a Five-Mile Radius
  • Large 1.70 Acre Parcel With Ample Parking and Multiple Access Points
  • Commitment to Site – Tenant Exercises an Option in 2020 and has Operated at This Location for 14 Years

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a double net lease Family Dollar in Fort Worth, TX. The property consists of a 8,320-square-foot, freestanding building that sits on approximately 1.70 acres of land. There are 1.4 years remaining on the lease with 10% rental increases in each option.

Exclusively Listed By

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