Family Dollar | Ranked 69th Percentile Nationwide!
$1,251,840
1714 Farm to Market Road 700, Big Spring, TX 79720
7.5
Cap Rate
93,888
NOI
Details:
Description:
High Traffic Counts along FM700 - see map for details
69th Percentile Nationwide PlacerAI Ranking
High Traffic Counts along FM700 - see map for details
69th Percentile Nationwide PlacerAI Ranking
Tenant recently exercised their first option with rent increase
Income-tax free state
Big Spring is positioned along Interstate 20 | 230 Miles West of
DFW
Relocation store - previous location was in the Sears-Harbor Freight retail center Northeast adjacent
Replaceable rent provides long term security
Big Spring serves as the county seat of Howard County | Known for its history of oil, ranching, and film production, and its landmark spring and mountain
Big Spring population 26,144 | pop. 6,500 within 1-Mile radius
Average Household Income in Excess of $80,000 within 2 Mile Radius
Lease Excerpt on Maintenance: "Tenant will maintain existing landscaping and parking...including the removal of snow, ice, trash, weeds, debris...and will be responsible for the asphalt and concrete repairs up to $1,000."
Lease Excerpt, HVAC: "...tenant will maintain, repair, and replace the heating and air condition systems, ...[except] during the last two years of the lease term."
Documents:
| Title | ||
|---|---|---|
| FDO Big Springs Offering Memorandum | ||
| Family Dollar - Big Spring_ TX - 2025-2 |
Location
Gallery
