- For Sale $850,000
- Property Type Retail - Freestanding
- Property Size 10,500 SF
- Units 1
- Lot Size 1.13 Acre
- Additional Rent Contact for pricing
- Property Tenancy Single Tenant
- Year Built 2021
- Date Updated Oct 29, 2024
TBDTrinity Real Estate Investment Services is pleased to present the opportunity to acquire a Family Dollar/Dollar Tree in Brookeland, TX. The subject property has 7+ years of firm term remaining and tenant has given landlord notice for vacating the store but will continue to fully honor their lease obligations. It is an attractive high yield investment opportunity with several years remaining on lease. The property is located adjacent to Sam Rayburn Lake.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- 11.86% CAP Dark Texas Dollar Tree / Family Dollar
- 7+ Years Remaining of Corporately Guaranteed Rent Payments
- $740,000 in Remaining Lease Income - 85% of the Purchase Price
- Tenant Fully Responsible for Fully Reimbursing Landlord for Insurance, Property Taxes and Tenant Maintains Landscaping Directly
- Subject Property is Located Off of U.S, Hwy 96 Which Generated Traffic Counts of 5,360+ VPD
- Dollar Tree (NYSE: DLTR) is a Fortune 500 Company With a Credit Rating of BBB (S&P)
False
Contacts
Location
Getting Around
-
Walk Score ®
21/100
Car-Dependent
-
Bike Score ®
24/100
Somewhat Bikeable
Powered by Walk Score ®
- City Brookeland, TX
- Neighborhood Browndell
- Zip Code 75931
Points of Interest
-
Valero
6.78 miles
-
Trail Between The Lakes Trailhead 3
2.43 miles
-
Dairy Queen
7.17 miles
Frequently Asked Questions
How much does Texas FD/DT Combo Store - 7+ Years on Lease cost?
The space currently listed for sale at Texas FD/DT Combo Store - 7+ Years on Lease asks for $850,000.
What is the total square footage of Texas FD/DT Combo Store - 7+ Years on Lease?
Texas FD/DT Combo Store - 7+ Years on Lease totals 10,500 square feet.
When was this property built?
Texas FD/DT Combo Store - 7+ Years on Lease was built in 2021.
Looking for more in-depth information on this property?
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
Contact Listing Broker
Cody Crist
Trinity Real Estate Investment Services