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Family Dollar | Near Austin

806 W 4th St, Cameron, TX 76520

Listing Price: $924,000

Cap Rate
9.50%
Tenant Name
Family Dollar
Years Remaining On Lease
2.6
Guarantor
Corporate Guarantee
Rentable SF
8,320
Lease Type
Double Net
Rent Per Square Feet
$10.54

Investment Overview

LOW RENT & PRICE POINT STORE | AVAILABLE AT 9.5% RETURN
• The subject property has a low rent of $87,725 ($10.54/SF) that equates to a low price of $924K.

POSITIONED ON HWY 190 (10,678 VPD)
• The Family Dollar is strategically located on Highway 90, which sees more than 10,678 vehicles daily.
• Highway 90 connects Temple, TX & Brenham, TX.

5 YEAR EXTENSION ON CORPORATE LEASE
• Family Dollar executed their option in January 2023, and there is 3 years remaining.
• This store has a 3 year corporate guaranteed NN Lease with 10% Increases Every 5 Years.
• Tenant is responsible for parking lot maintenance (repair, striping, sealing, etc), taxes, Insurance, Utilities, and HVAC (except for replacement in final year).
• There are limited Landlord responsibilities, which include the Roof and Structure.

TEXAS IS A TAX FREE STATE
• Texas is one of seven states that have no income tax.
• Texas also has no estate tax.

NEAR AUSTIN
• Austin is the capital of Texas and the 4th largest city in the state, with a population of over 979,000 (2023), and more than 2.4 million in the metropolitan area.
• The Austin MSA is one of the fastest-growing large metro areas in the U.S., regularly ranking in the top 5 for job and population growth.
• Austin has earned the nickname “Silicon Hills” due to the presence of major tech companies including Apple, Google, Amazon, Tesla, Oracle, and Dell Technologies (HQ).
• Austin is home to The University of Texas at Austin, with over 52,000 students, and is a major driver of research, innovation, and talent in the region.
• Austin-Bergstrom International Airport served over 21 million passengers in 2024, supporting the city’s strong tourism and business travel industries.
• The Austin metro attracts over 30 million visitors annually, contributing $10+ billion to the local economy through festivals, conferences, music, and outdoor recreation.

FAMILY DOLLAR CORPORATE GUARANTEE LEASE WITH OVER 7,625 STORES
• Family Dollar has over 7,625 stores across 49 states and territories in the United States.
• The largest number of Family Dollar stores are in Texas, with 1,108 stores, which make up about 15% of the total.
• Family Dollar has been in business for 65 years and has a net worth of over $30.6 billion (2024).

Investment Highlights

  • Low Rent & Price Point Store | Available At 9.5% Return
  • Positioned On Hwy 190 (10,678 VPD)
  • 5 Year Extension On Corporate Lease
  • Texas Is A Tax Free State
  • Near Austin
  • Family Dollar Corporate Guarantee Lease With Over 7,625 Stores

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director / Chief Revenue Officer

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Discount

Family Dollar | Near Austin

Listing Price: $924,000

Cap Rate
9.50%
Tenant Name
Family Dollar
Years Remaining On Lease
2.6
Guarantor
Corporate Guarantee
Rentable SF
8,320
Lease Type
Double Net
Rent Per Square Feet
$10.54

Investment Highlights

  • Low Rent & Price Point Store | Available At 9.5% Return
  • Positioned On Hwy 190 (10,678 VPD)
  • 5 Year Extension On Corporate Lease
  • Texas Is A Tax Free State
  • Near Austin
  • Family Dollar Corporate Guarantee Lease With Over 7,625 Stores

Investment Overview

LOW RENT & PRICE POINT STORE | AVAILABLE AT 9.5% RETURN • The subject property has a low rent of $87,725 ($10.54/SF) that equates to a low price of $924K. POSITIONED ON HWY 190 (10,678 VPD) • The Family Dollar is strategically located on Highway 90, which sees more than 10,678 vehicles daily. • Highway 90 connects Temple, TX & Brenham, TX. 5 YEAR EXTENSION ON CORPORATE LEASE • Family Dollar executed their option in January 2023, and there is 3 years remaining. • This store has a 3 year corporate guaranteed NN Lease with 10% Increases Every 5 Years. • Tenant is responsible for parking lot maintenance (repair, striping, sealing, etc), taxes, Insurance, Utilities, and HVAC (except for replacement in final year). • There are limited Landlord responsibilities, which include the Roof and Structure. TEXAS IS A TAX FREE STATE • Texas is one of seven states that have no income tax. • Texas also has no estate tax. NEAR AUSTIN • Austin is the capital of Texas and the 4th largest city in the state, with a population of over 979,000 (2023), and more than 2.4 million in the metropolitan area. • The Austin MSA is one of the fastest-growing large metro areas in the U.S., regularly ranking in the top 5 for job and population growth. • Austin has earned the nickname “Silicon Hills” due to the presence of major tech companies including Apple, Google, Amazon, Tesla, Oracle, and Dell Technologies (HQ). • Austin is home to The University of Texas at Austin, with over 52,000 students, and is a major driver of research, innovation, and talent in the region. • Austin-Bergstrom International Airport served over 21 million passengers in 2024, supporting the city’s strong tourism and business travel industries. • The Austin metro attracts over 30 million visitors annually, contributing $10+ billion to the local economy through festivals, conferences, music, and outdoor recreation. FAMILY DOLLAR CORPORATE GUARANTEE LEASE WITH OVER 7,625 STORES • Family Dollar has over 7,625 stores across 49 states and territories in the United States. • The largest number of Family Dollar stores are in Texas, with 1,108 stores, which make up about 15% of the total. • Family Dollar has been in business for 65 years and has a net worth of over $30.6 billion (2024).

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director / Chief Revenue Officer

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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