Close of Escrow: Family Dollar in Houston, TX
SIG is pleased to announce the recent Close of Escrow on Family Dollar located in Houston, Texas.
Investment Highlights Include:
- Brand New 2017 Construction Relocation Store – Expected Store Opening in Q4
- Excellent Demographics in Immediate Area – Population Exceeding 270k Residents Within a 5-Mile Radius
- Corporate Guaranteed Lease – NYSE (DLTR) Stock
- Family Dollar was Recently Acquired by Dollar Tree and Combined Have Over 14,400 Locations Nationwide
- Located Just South of George Bush Intercontinental Airport, the 10th Busiest Airport in North America Serving 43M Passengers in 2015
- Houston is the 4th Most Populous City in The Nation
- According to Forbes, Houston Has a Projected Annual Job Growth of 3.5%
- Strong Surrounding Retail and Excellent Demographics
- Strong Traffic Counts – Aldine Mail Route Road (19,320 VPD), Hardy Toll Road (57,160 VPD) and I-69 (221,762 VPD)
Closing Price: $1,875,000
Closing CAP: 5.91%
Listing Agents: Elan Sieder and Max Freedman
For More Information Contact:
Elan Sieder
Lic #678407
512.649.5185
elan@SIGnnn.com
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