Family Dollar | Alto, TX

Highlights:

• 1½ Years Remaining on NN Fee-Simple Lease w/ Minimal Landlord Responsibilities
• Strong Corporate Guaranteed Lease by Family Dollar Stores of Texas, LLC
• 10% Increases Every Option – Hedge Against Inflation
• Low Affordable Price Point
• Excellent 1031 Exchange Property – Essential Use – Pandemic, Internet, and Recession Resistant
• One of Only Two Dollar Stores within 10 Mile Radius – Serves Captive Customer Base
• Excellent Visibility and Access on W San Antonio Street that sees over 4,580+ VPD
• Family Dollar is One of the Country’s Largest Discount Retailers with over 7,120 Stores in the United States
• Healthy Store Sales Reported – Please Reach Out to Listing Agent for NDA

Description:

Family Dollar has demonstrated resilience through economic downturns, e-commerce growth, and changing consumer spending patterns, making it a recession-resistant investment. The store benefits from limited competition, as it is one of only two dollar stores within a 10-mile radius, serving a loyal and captive customer base throughout the surrounding rural trade area. Strategically located along W. San Antonio Street, the property enjoys excellent visibility and accessibility with traffic counts exceeding 4,580 vehicles per day. As part of one of the nation's largest discount retail chains, Family Dollar operates more than 7,120 stores across the United States, providing everyday necessities and value-oriented merchandise to communities nationwide. This combination of strong tenant credit, limited local competition, inflation-hedged rent growth, and essential retail fundamentals makes the property an attractive investment opportunity.

The Family Dollar property located at 211 W. San Antonio St in Alto presents an attractive net lease investment opportunity featuring approximately 1½ years of remaining lease term on a NN fee-simple lease with minimal landlord responsibilities. The lease is corporately guaranteed by Family Dollar Stores of Texas, LLC, providing investors with the security of an established national retailer. Rental increases of 10% at each option period offer built-in protection against inflation and potential long-term income growth. Positioned at an affordable price point, the property is well-suited for 1031 exchange buyers seeking stable cash flow from an essential retail tenant.

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