Family Dollar | Relocation Store
$1,251,840
1714 Farm to Market Road 700, Big Spring, TX 79720
7.5
Cap Rate
93,888
NOI
Details:
Highlights:
- 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
Description:
Explore this prime retail opportunity located in the dynamic Big Spring area. With an impressive 8,320 SF building, constructed in 2012 and currently operating at 100% occupancy, this property presents an attractive investment for Retail / Free Standing Building investors. Boasting modern construction and a strategic location, it offers an ideal environment for tenants to thrive. The property's established full occupancy status is a testament to its desirability and strong potential for immediate income generation. With its well-maintained, contemporary design and high-demand location, this Retail / Free Standing Building is positioned as a compelling asset for savvy investors looking to capitalize on the vibrant retail landscape of Big Spring, TX.
Located in the heart of West Texas, Big Spring is a dynamic community positioned for growth and opportunity. The area surrounding the Family Dollar | Relocation Store offers a compelling environment for retail investment, thanks to its strategic location along FM 700—a major thoroughfare connecting local residents to key services, schools, and shopping destinations.
Big Spring serves as a regional hub for Howard County and is supported by a diverse economy rooted in healthcare, education, energy, and government services. The city is home to the expansive Big Spring State Hospital and Scenic Mountain Medical Center, both significant employers and anchors for foot traffic in the area. Additionally, Howard College, a well-established community college with a robust student population, adds to the vitality of the local economy and demand for retail services.
Nearby points of interest include Comanche Trail Park, a 400-acre recreational space featuring a golf course, lake, and walking trails; and the Historic Spring Site, a key landmark in the city's heritage. The area also benefits from proximity to Interstate 20, which connects Big Spring to Midland, Odessa, and Abilene, positioning it well for regional accessibility.
As Big Spring continues to attract new residents and businesses, the area around the Family Dollar | Relocation Store is well-suited for investors seeking visibility, traffic, and long-term growth potential. With a growing consumer base and established infrastructure, the location presents a strong case for retail and free-standing building investment.
Location

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