Overview

Description

• Tenant recently executed a brand-new 10-year lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease is corporate signed by Family Dollar Stores, Inc., a nationally recognized and established dollar store
• In 2015 leading operator of discount variety stores, Dollar Tree, Inc. acquired Family Dollar Store, Inc. creating a combined organization with sales exceeding$19 Billion annually and over 145,000 associates
• The lease features $0.50 PSF/Year rental increases at the beginning of each option period, growing NOI and hedging against inflation
• Brand new relocation store and renovation that includes a new roof and front parking lot

Highlights

• New 10-Year Lease | Relocation Store | Corporate Guaranteed | Scheduled Rent Increases | Brand New Renovation
• NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities | No State Income Tax
• Fronting Main Street | Off I-30 | Excellent Visibility & Access |Red River Army Depot
• Local Demographics in 5-mile Trade Area | Near Texarkana MSA

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