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Family Dollar

9816 Mines Rd, Laredo, TX 78045

Listing Price: $1,992,230

Cap Rate
7.00%
Tenant Name
Family Dollar
Years Remaining On Lease
4.9
Guarantor
Corporate Guarantee
Rentable SF
8,400
Lease Type
Double Net
Rent Per Square Feet
$16.60

Investment Overview

The subject offering affords an incoming investor the opportunity to acquire a 8,400 square foot Family Dollar in Laredo, Texas. Family Dollar recently demonstrated their commitment to this location by executing a five-year extension which commences in July 2021. The offering provides a strong investment with a highly sought-after tenant. This asset has minimal landlord responsibility and sits on a major thoroughfare with strong retail synergy.

Investment Highlights

  • Corporately Guaranteed Double Net Lease--Minimal Landlord Responsibilities
  • Recently Executed Five-Year Extension Runs Through 2026, with Four Options Remaining
  • Ideal Demographics for This Highly Sought-After Tenant

Exclusively Listed By

Financing By

Listing Price: $1,992,230

Cap Rate
7.00%
Tenant Name
Family Dollar
Years Remaining On Lease
4.9
Guarantor
Corporate Guarantee
Rentable SF
8,400
Lease Type
Double Net
Rent Per Square Feet
$16.60

Investment Highlights

  • Corporately Guaranteed Double Net Lease--Minimal Landlord Responsibilities
  • Recently Executed Five-Year Extension Runs Through 2026, with Four Options Remaining
  • Ideal Demographics for This Highly Sought-After Tenant

Investment Overview

The subject offering affords an incoming investor the opportunity to acquire a 8,400 square foot Family Dollar in Laredo, Texas. Family Dollar recently demonstrated their commitment to this location by executing a five-year extension which commences in July 2021. The offering provides a strong investment with a highly sought-after tenant. This asset has minimal landlord responsibility and sits on a major thoroughfare with strong retail synergy.

Exclusively Listed By

Financing By

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