Family Dollar for Sale in Gladewater, TX

Gladewater, TX

RetailConvenience StoreGrocery StoreStorefrontDollar StoreNNNet LeaseFee Simple

Key Investment Metrics

Price

$1,124,550

Cap Rate

8.0%

Net Operating Income

$89,964

Building Size

9253 SF

Land Area

1.5 Acres

Remaining Term

6 years

Lease Expiration

01/31/2032

Lease Term

10.1 years

Lease Commencement

01/01/2022

Lease Type

NN

Tenant Credit

Corporate Guarantee

Year Built

2022

Occupancy

100%

Tenancy

Single

Rent Increases

In Extended Terms

Family Dollar representative storefront illustrationAI illustration · Not the listed property

Property overview

Family Dollar in Gladewater

Review the reported property and lease details, then request the supporting documents for your acquisition review.

Building area
9,253 SF
Land area
1.5 acres
Year built
2022
Lease type
NN
Lease expiration
01/31/2032

Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.

Before you make an offer

Four things to verify

  1. 1

    Lease and guaranty

    Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.

  2. 2

    Income and expenses

    Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.

  3. 3

    Property condition

    Review survey, title, condition and environmental information relevant to this property.

  4. 4

    Exchange requirements

    For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.

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