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Family Dollar | Las Vegas, NV
850 N Lamb Blvd, Las Vegas, NV 89110
Listing Price: $1,600,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer the opportunity to acquire the fee simple interest in the Family Dollar located at 850 N. Lamb Boulevard in Las Vegas, Nevada.
This offering represents a long term leased investment occupied by Family Dollar Stores, Inc., a wholly owned subsidiary of Dollar Tree, Inc. (NASDAQ: DLTR), one of the largest discount retailers in North America.
One thing that immediately stands out about this opportunity is the store's operating performance. While many discount retailers have experienced flat or declining sales over the past several years, this location has continued to improve. Gross sales increased from approximately $1.67 million in 2021 to nearly $2.0 million in 2023, representing more than 21% cumulative growth over two years. Sales continued to improve in 2025, reaching approximately $2.03 million based on the monthly reports provided by the tenant. This is the highest reported sales volume for the store.
Family Dollar has operated from this location for approximately twenty years and has already exercised its first renewal option. National retailers evaluate every location before committing to additional lease terms. They review store performance, customer demand, operating costs and long term market strategy. This location has already passed that evaluation and continues to generate stronger sales each year.
The property is located along North Lamb Boulevard in one of East Las Vegas' most established retail corridors. The surrounding area consists of dense residential neighborhoods that have supported neighborhood retail for decades. Unlike many newer developments that rely on future population growth, this trade area is already built out and continues to generate consistent customer traffic.
As construction costs, land prices and entitlement timelines continue to increase, existing freestanding retail buildings with proven operating histories become increasingly difficult to replace. Combined with a tenant that continues to improve its sales performance, this creates an attractive opportunity for investors seeking stable long term cash flow.
Family Dollar | Las Vegas, NV
Investment Highlights
- Approximately Twenty Years of Successful Operations. Family Dollar has occupied this location since approximately 2005.
- The property serves a mature trade area with thousands of surrounding households already in place. The customer base has supported this location for nearly two decades.
- Building a comparable freestanding retail property today would require substantially higher land costs, construction costs and longer development timelines.
Exclusively Listed By
Listing Price: $1,600,000
Investment Highlights
- Approximately Twenty Years of Successful Operations. Family Dollar has occupied this location since approximately 2005.
- The property serves a mature trade area with thousands of surrounding households already in place. The customer base has supported this location for nearly two decades.
- Building a comparable freestanding retail property today would require substantially higher land costs, construction costs and longer development timelines.
Investment Overview
Marcus & Millichap is pleased to exclusively offer the opportunity to acquire the fee simple interest in the Family Dollar located at 850 N. Lamb Boulevard in Las Vegas, Nevada. This offering represents a long term leased investment occupied by Family Dollar Stores, Inc., a wholly owned subsidiary of Dollar Tree, Inc. (NASDAQ: DLTR), one of the largest discount retailers in North America. One thing that immediately stands out about this opportunity is the store's operating performance. While many discount retailers have experienced flat or declining sales over the past several years, this location has continued to improve. Gross sales increased from approximately $1.67 million in 2021 to nearly $2.0 million in 2023, representing more than 21% cumulative growth over two years. Sales continued to improve in 2025, reaching approximately $2.03 million based on the monthly reports provided by the tenant. This is the highest reported sales volume for the store. Family Dollar has operated from this location for approximately twenty years and has already exercised its first renewal option. National retailers evaluate every location before committing to additional lease terms. They review store performance, customer demand, operating costs and long term market strategy. This location has already passed that evaluation and continues to generate stronger sales each year. The property is located along North Lamb Boulevard in one of East Las Vegas' most established retail corridors. The surrounding area consists of dense residential neighborhoods that have supported neighborhood retail for decades. Unlike many newer developments that rely on future population growth, this trade area is already built out and continues to generate consistent customer traffic. As construction costs, land prices and entitlement timelines continue to increase, existing freestanding retail buildings with proven operating histories become increasingly difficult to replace. Combined with a tenant that continues to improve its sales performance, this creates an attractive opportunity for investors seeking stable long term cash flow.
Exclusively Listed By
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