Close of Escrow: Family Dollar in Houston, TX

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

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