Discount
Family Dollar 2024 Remodel Texas
1385 Knox Ave, Fort Hancock, TX 79839
Listing Price: $1,018,181
Investment Overview
Marcus & Millichap is pleased to exclusively present for sale this Net Leased Family
Dollar store located at 1385 Knox Avenue in Fort Hancock, Texas. Fort Hancock,
with a population of 1,052, benefits from its close proximity to the vibrant El Paso
Metropolitan Statistical Area, which boasts a population exceeding 1,053,267.
The property is strategically situated along Texas State Highway 20, with the
Union Pacific Railroad also running through the town, enhancing connectivity and
accessibility for both residents and businesses. Additionally, the Fort Hancock-
El Porvenir International Bridge provides direct access to El Porvenir, Mexico,
a neighboring town with a population of 2,740, further underscoring the site’s
strong cross-border trade and retail potential.
This Family Dollar store, built in 2017, comprises 8,320 square feet of retail
space on a 0.87-acre lot, offering a modern and efficient layout to meet the
needs of the local community. The property is surrounded by numerous residential
developments, including Catalina West Apartments, Caliza Ridge, The Crossings
at Nine Mile Road, Arbor Crossing Mill Bayou, Town Laurel Crossing Apartments,
and The Premier, creating a strong customer base. Fort Hancock High School,
with an enrollment of over 115 students, is also located nearby, further driving
consistent foot traffic to the property.
Family Dollar operates as a subsidiary of Dollar Tree, Inc. (NASDAQ: DLTR), a
Fortune 500 company with a market capitalization exceeding $17 billion. Dollar
Tree and Family Dollar collectively operate over 14,334 stores across 48 states,
the District of Columbia, and five provinces in Canada. Known for their efficient
supply chain management and strategic inventory control, Family Dollar offers an
array of essential goods, including groceries, household items, health and beauty
products, and seasonal merchandise, ensuring consistent demand from valueconscious
consumers.
In fiscal year 2024, Family Dollar demonstrated impressive financial growth,
reporting revenue of $30.60 billion, an 8.02 percent increase year-over-year. This
performance reflects the company’s strong market presence, resilient business
model, and commitment to serving communities like Fort Hancock with affordable
retail solutions.
This offering represents an exceptional opportunity to acquire a stable, net-leased
asset with a nationally recognized tenant in a market poised for continued growth
and economic activity.
Investment Highlights
- 2017 Build to Suit Construction | Remodel Completed in 2024
- 6+ Years Remaining on the Lease
- Recent Lease Extension Reflects the Tenant's Strong Commitment to the Location
- Six (6) Five-Year Options with 5% Rent Increases at each Renewal.
- Dollar Tree Acquired Family Dollar in 2015 and is Now the Second- Largest Discount Retailer in the U.S., with ±16,000 Locations
- Investment-Grade Credit Tenant (S&P Rated BBB)
Listing Price: $1,018,181
Investment Highlights
- 2017 Build to Suit Construction | Remodel Completed in 2024
- 6+ Years Remaining on the Lease
- Recent Lease Extension Reflects the Tenant's Strong Commitment to the Location
- Six (6) Five-Year Options with 5% Rent Increases at each Renewal.
- Dollar Tree Acquired Family Dollar in 2015 and is Now the Second- Largest Discount Retailer in the U.S., with ±16,000 Locations
- Investment-Grade Credit Tenant (S&P Rated BBB)
Investment Overview
Marcus & Millichap is pleased to exclusively present for sale this Net Leased Family Dollar store located at 1385 Knox Avenue in Fort Hancock, Texas. Fort Hancock, with a population of 1,052, benefits from its close proximity to the vibrant El Paso Metropolitan Statistical Area, which boasts a population exceeding 1,053,267. The property is strategically situated along Texas State Highway 20, with the Union Pacific Railroad also running through the town, enhancing connectivity and accessibility for both residents and businesses. Additionally, the Fort Hancock- El Porvenir International Bridge provides direct access to El Porvenir, Mexico, a neighboring town with a population of 2,740, further underscoring the site’s strong cross-border trade and retail potential. This Family Dollar store, built in 2017, comprises 8,320 square feet of retail space on a 0.87-acre lot, offering a modern and efficient layout to meet the needs of the local community. The property is surrounded by numerous residential developments, including Catalina West Apartments, Caliza Ridge, The Crossings at Nine Mile Road, Arbor Crossing Mill Bayou, Town Laurel Crossing Apartments, and The Premier, creating a strong customer base. Fort Hancock High School, with an enrollment of over 115 students, is also located nearby, further driving consistent foot traffic to the property. Family Dollar operates as a subsidiary of Dollar Tree, Inc. (NASDAQ: DLTR), a Fortune 500 company with a market capitalization exceeding $17 billion. Dollar Tree and Family Dollar collectively operate over 14,334 stores across 48 states, the District of Columbia, and five provinces in Canada. Known for their efficient supply chain management and strategic inventory control, Family Dollar offers an array of essential goods, including groceries, household items, health and beauty products, and seasonal merchandise, ensuring consistent demand from valueconscious consumers. In fiscal year 2024, Family Dollar demonstrated impressive financial growth, reporting revenue of $30.60 billion, an 8.02 percent increase year-over-year. This performance reflects the company’s strong market presence, resilient business model, and commitment to serving communities like Fort Hancock with affordable retail solutions. This offering represents an exceptional opportunity to acquire a stable, net-leased asset with a nationally recognized tenant in a market poised for continued growth and economic activity.

