Family Dollar Lease NN+ Dollar Store Dallas Texas

Investment Offering

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

Lease Expiration: 9/30/2029
Lease Type: NN
Rental Increases: 5% at Options

Sands Investment Group is Pleased to Exclusively Offer the Family Dollar Lease Investment Opportunity at 2415 S Belt Line Road in Dallas, Texas.

New Long-Term Lease With 10 Years Remaining
Strong Corporate Guarantee – Investment Grade Credit Tenant (BBB-)
New Construction With Estimated Delivery in December 2019
Texas is a Tax-Free Income State
Property is Situated on the Corner of Beltline Rd and Lenosa Ln With Dual Access From Both Roads
Excellent, In-Line Demographics With Over 118,000 Residents Within a 5-Mile Radius Making an Average Household Income of Over $53,685
5 Minutes From Kleberg Elementary School and Seagoville High School Serving a Combined Count of Over 2,500 Students and Staff
Located on Belt Line Rd – Outer Loop Around Dallas Connecting to Mesquite, Garland, Irving, DFW Airport and Grand Prairie
20 Minute Commute to Downtown Dallas, the 9th Most Populous City in the U.S. and 13th Largest City in the World in Terms of GDP; and Just 30 Minutes to the Dallas Love Airport
Nearby Tenants Include: Dollar General, CVS (Under Construction), First Choice Food Mart, Sonic, Dairy Queen, McDonald’s, Los Potrillos Taqueria and Sid’s Food Mart

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

View Similar Investment Opportunities

Read additional thought leadership content from SIG, specializing in absolute triple net lease opportunities

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 200 Company, now operates more than 15,237 stores across 48 states and five Canadian provinces. Stores operate under the brands of Dollar Tree, Family Dollar and Dollar Tree Canada. Family Dollar offers a compelling mix of merchandise for the whole family. Ranging from an expanded assortment of refrigerated and frozen foods, health and beauty items to home décor and seasonal items, Family Dollar offers the lowest possible price, the name brand and quality private- brand merchandise customers need and use every day. The average size of a Family Dollar store is approximately 7,000 square feet, and most stores are operated in leased facilities. This relatively small footprint allows the Company to open new stores in rural areas and small town, as well as in large urban neighborhoods. Within these markets, the stores are located in shopping centers or as free-standing building and all are convenient to the Company’s customer base.

Area Overview