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Family Dollar NNN Absolute Triple Net Dollar Store Houston Texas

Family Dollar | Houston, TX
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Investment Offering

Tenant: Family Dollar | Houston, TX
Premises: 9,350 SF
Renewal Options: 6 x 5 Years

Lease Expiration: 3/31/2030
Lease Type: Absolute NNN
Rental Increases: CPI Based (6% Max) Every 3 Years


Sands Investment Group is Pleased to Exclusively Offer This Family Dollar NNN Investment Opportunity Located in Houston, Texas.

  • Rare Lease Structure With CPI Based Increases Every Three (3) Years (Capped at 6%)
  • Corporate Guaranteed Lease – Dollar Tree, Inc (NASDAQ: DLTR)
  • Approximately 104,206 Residents Within a 3-Mile Radius
  • Average Household Income $45,152 Within a 3-Mile Radius
  • Daily Traffic of Over 44,900 VPD on Rankin Rd
  • Situated on a Hard Signalized Corner With Multiple Points of Ingress and Egress
  • Nearby Tenants Include: Wendy’s, Exxon, O’Reilly Auto Parts, Walgreens and Sonic

In Cooperation with Sands Investment Group Austin, LLC

BoR: Max Freedman Lic. # 9004706

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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 and 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

Family Dollar | Houston, TX

703 W Rankin Rd - Houston, TX 77067

Contact Broker for Details

Status: Sold

Family Dollar | Houston, TX

Luke Wakefield

770.800.3035
luke@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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