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Family Dollar

2901 Fort Blvd, El Paso, TX 79930

Listing Price: $2,062,581

Cap Rate
5.50%
Tenant Name
Family Dollar
Years Remaining On Lease
9.7
Guarantor
Corporate Guarantee
Rentable SF
8,470
Lease Type
Absolute Net
Rent Per Square Feet
$13.39

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale Family Dollar a single-tenant property located at 2901 Fort Boulevard, El Paso, Texas 79930. The subject property is comprised of 8,470 square feet and was built in 2016. The building sits on a large 25,350 square foot lot located at the intersection of Fort Boulevard & Piedras Street which oversees a combined ±19,000 Vehicles Per Day. When it comes to getting value for everyday items for the entire family in an easy to shop, neighborhood location, Family Dollar is the best place to go. One of the nation’s fastest-growing retailers, Family Dollar offers a compelling assortment of merchandise for the whole family ranging from household cleaners to name brand foods, from health and beauty aids to toys, from apparel for every age to home fashions, all for everyday low prices. While shoppers can find many items at $1 or less, most items in the store are priced below $10, which makes shopping fun without stretching the family budget. Family Dollar serves families in more than 8,000 neighborhoods in 46 states. The Dollar Tree merger with Family Dollar now creates a combined organization with sales exceeding $23 billion annually with more than 15,115 stores across 48 states and five Canadian Provinces. The merger has allowed Family Dollar to grow offering broader, more compelling merchandise assortments, with greater values, to a wider array of customers.

Investment Highlights

  • Corporate Investment Grade Tenant: Guaranteed by Family Dollar Stores of Texas, LLC.; Family Dollar's Parent Company - Dollar Tree (NASDAQ: DTLR) with ±8,200 Stores & ±60,000 Employees Nationwide
  • Signalized Intersection Location: Excellent Visibility & Frontage Along Fort Boulevard & Piedras Street which Oversees a combined ±19,000 Vehicles Per Day
  • 2-Miles from Fort Bliss: United States Army Post; A 1.12 Million Acre Base that Stretches From Texas to New Mexico with a Population of ±11,400

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Listing Price: $2,062,581

Cap Rate
5.50%
Tenant Name
Family Dollar
Years Remaining On Lease
9.7
Guarantor
Corporate Guarantee
Rentable SF
8,470
Lease Type
Absolute Net
Rent Per Square Feet
$13.39

Investment Highlights

  • Corporate Investment Grade Tenant: Guaranteed by Family Dollar Stores of Texas, LLC.; Family Dollar's Parent Company - Dollar Tree (NASDAQ: DTLR) with ±8,200 Stores & ±60,000 Employees Nationwide
  • Signalized Intersection Location: Excellent Visibility & Frontage Along Fort Boulevard & Piedras Street which Oversees a combined ±19,000 Vehicles Per Day
  • 2-Miles from Fort Bliss: United States Army Post; A 1.12 Million Acre Base that Stretches From Texas to New Mexico with a Population of ±11,400

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale Family Dollar a single-tenant property located at 2901 Fort Boulevard, El Paso, Texas 79930. The subject property is comprised of 8,470 square feet and was built in 2016. The building sits on a large 25,350 square foot lot located at the intersection of Fort Boulevard & Piedras Street which oversees a combined ±19,000 Vehicles Per Day. When it comes to getting value for everyday items for the entire family in an easy to shop, neighborhood location, Family Dollar is the best place to go. One of the nation’s fastest-growing retailers, Family Dollar offers a compelling assortment of merchandise for the whole family ranging from household cleaners to name brand foods, from health and beauty aids to toys, from apparel for every age to home fashions, all for everyday low prices. While shoppers can find many items at $1 or less, most items in the store are priced below $10, which makes shopping fun without stretching the family budget. Family Dollar serves families in more than 8,000 neighborhoods in 46 states. The Dollar Tree merger with Family Dollar now creates a combined organization with sales exceeding $23 billion annually with more than 15,115 stores across 48 states and five Canadian Provinces. The merger has allowed Family Dollar to grow offering broader, more compelling merchandise assortments, with greater values, to a wider array of customers.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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