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Family Dollar

Family Dollar
Make an Offer
Investment Offering

Tenant: Family Dollar
Premises: 9,180 SF
Renewal Options: 6 x 5 Years

Lease Expiration: 3/31/2033
Lease Type: Absolute NNN
Rental Increases: 10% at Year 11 and At Options

 

  • Brand New 2017 Upgraded Construction and Landscaping – Expected Store Opening in Q4
  • 15 Year Absolute Triple Net (NNN) Lease – 10% Increase in Primary Term
  • Ideally Situated with More than 270,000 People Within a 5-Mile Radius
  • Approximately 11 Miles from SMU University with an Enrollment of 11,739 in 2016
  • Strong Surrounding Retail – Tremendous Residential Expansion
  • 20,627 Vehicles Per Day on Lancaster Road and E Illinois Avenue
  • Corporate Guaranteed Lease – NYSE (DLTR) Stock
  • Family Dollar was Recently Acquired by Dollar Tree and Combined Have Over 14,400 Locations Nationwide
  • 2 Miles from I-35E with 87,876 Vehicles Passing Per Day
  • 3 Miles from the Dallas Zoo (1 Million Visitors Per Year for 7th Year Running, Named Top 10 Zoos in U.S. by USA Today)
  • 2 Miles from the VA North Texas Health Care System (Serving a Veteran Population of Over 119,000)

In Cooperation with Sands Investment Group Austin, LLC – Lic# 9004706

Tenant Overview

CHESAPEAKE, Va. – July 6, 2015 – Dollar Tree, Inc. (NASDAQ: DLTR), North America’s leading operator of discount variety stores selling everything for $1 or less, announced that it has completed the acquisition of Family Dollar Stores, Inc., a leading national discount retailer offering name brands and quality, private brand merchandise.

Dollar Tree, a Fortune 500 Company, now operates more than 14,400 stores across 48 states and five Canadian provinces as of June 1, 2017. Stores operate under the brands of Dollar Tree, Dollar Tree Canada, Deals and Family Dollar.
Dollar Tree competes in the dollar store and low-end retail markets. Each Dollar Tree stocks a variety of products including national, regional, and private-label brands. Departments found in a Dollar Tree store include health and beauty, food and snacks, party, seasonal décor, housewares, glassware, dinnerware, household cleaning supplies, candy, toys, gifts, gift bags and wrap, stationery, craft supplies, teaching supplies, automotive, electronics, pet supplies, and books. Most Dollar Tree stores also sell frozen foods and dairy items such as milk, eggs, pizza, ice cream, frozen dinners, and pre-made baked goods. In August 2012, the company began accepting manufacturer’s coupons at all of its store locations.

Area Overview

Family Dollar

2618 Lancaster Road - Dallas, TX 75216

Contact Broker for Details

Status: Sold

Family Dollar

Elan Sieder

512.649.5185
elan@SIGnnn.com

Max Freedman

512.766.2711
max@SIGnnn.com

Make an Offer
$8 BILLION IN SALES

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Our Intentions

We believe in giving back. There’s a big world outside of the real estate bubble and we know that with success comes responsibility.

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