Tulia, TX - Family Dollar
$887,000
205 SW 2nd St, Tulia, TX 79088
9
Cap Rate
79,860
NOI
Details:
Description:
• Family Dollar has operated at this location for over 17 years demonstrating their commitment to the site
• The lease is backed by a corporate guaranty from Family Dollar Stores of Texas, LLC with more than 7,000 locations nationwide
• There are 3 (5-year) option periods left for the tenant to exercise
• At the beginning of each option period there are 10% rental increases
• Family Dollar is strategically positioned on SW 2nd Street which averages more than 4,000 vehicles per day
• There are access points on from both SW 2nd Street and South Armstrong Avenue offering more accessibility to customers
• Located near Interstate 27 which averages over 9,200 vehicles per day, providing direct access for travelers
• National retailers in the surrounding area including McDonald’s, Sonic, Pizza Hut, Love’s, Napa Auto Parts, and more
• The 10-mile trade area is supported by more than 4,600 residents, 1,300 employees, and has an average household income of $61,940
Location
Gallery