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Family Dollar (Low Rent - DFW Suburb)

5429 Acton Hwy, Granbury, TX 76049

Listing Price: $821,000

Cap Rate
7.50%
Tenant Name
Family Dollar
Years Remaining On Lease
6.9
Guarantor
Corporate Guarantee
Rentable SF
7,808
Lease Type
Double Net
Rent Per Square Feet
$7.89

Investment Overview

Marcus & Millichap is proud to offer for sale fee simple ownership of the
recently upgraded and renovated Family Dollar located along Acton
Highway in Granbury, TX. Family Dollar has continuously operated at
this location for over 20 years and recently executed a fresh 8-year
extension. In 2024, the tenant completed a thorough interior remodel
of the store, and the parking lot was also striped and sealed offering
zero near term expenses for a new landlord. The lease now expires
December 31st, 2031, and offers 10% rent increases at each of the
remaining two options.

Investment Highlights

  • 8 Year Lease Extension Executed; 20+ Years Continued Occupancy
  • 2024 Upgrades and Interior Renovations the Tenant Completed Interior Renovation and Parking Lot Was Sealed and Restriped
  • 19% Population Growth Projected Over Next 5 Years (CoStar), Granbury is Located 35 Miles Southwest of Fort Worth (45 Minute Drive)

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 (Low Rent - DFW Suburb)

Listing Price: $821,000

Cap Rate
7.50%
Tenant Name
Family Dollar
Years Remaining On Lease
6.9
Guarantor
Corporate Guarantee
Rentable SF
7,808
Lease Type
Double Net
Rent Per Square Feet
$7.89

Investment Highlights

  • 8 Year Lease Extension Executed; 20+ Years Continued Occupancy
  • 2024 Upgrades and Interior Renovations the Tenant Completed Interior Renovation and Parking Lot Was Sealed and Restriped
  • 19% Population Growth Projected Over Next 5 Years (CoStar), Granbury is Located 35 Miles Southwest of Fort Worth (45 Minute Drive)

Investment Overview

Marcus & Millichap is proud to offer for sale fee simple ownership of the recently upgraded and renovated Family Dollar located along Acton Highway in Granbury, TX. Family Dollar has continuously operated at this location for over 20 years and recently executed a fresh 8-year extension. In 2024, the tenant completed a thorough interior remodel of the store, and the parking lot was also striped and sealed offering zero near term expenses for a new landlord. The lease now expires December 31st, 2031, and offers 10% rent increases at each of the remaining two options.

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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