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Family Dollar/Dollar Tree Combo Store For Sale

225 E Loop 255
Teague
TX
75860

Property Type:

Availability:

For Sale

Building Size (SF):

10,500 SF

Land Size (AC):

1.22

Min Available (SF):

10,500 SF

Max Available (SF):

10,500 SF

Sales Price ($):

$1,600,000

Cap Rate (%):

6.56%

Description:

Double Net (NN) freestanding Family Dollar / Dollar Tree combination store available in Teague TX. The building is currently being expanded to 10,500 SF. A new ten (10) year lease was recently executed. Renovations and expansion of the store are underway and will be completed in Q1 of 2023. These new combination stores are informally known as Family Dollar Tree, which have a 20% increase in store sales compared to non-combination stores. At $10.00 per square foot, this property offers a low annual rental rate providing long-term affordable and sustainable rent for the tenant.

Contact:

Justin Langlois

jlanglois@stirlingprop.com

225-445-6434

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8550 United Plaza Blvd., Suite 101, Baton Rouge, LA 70809 | (225) 445-6434

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