OFFERING SUMMARY
Price: $1,313,394
CAP Rate: 6.75%
Gross Leasable Area: 9,360 SF
NOI: $88,654
OFFERING HIGHLIGHTS
- Corporately Guaranteed Double Net Lease – Minimal Landlord Responsibilities
- Recently Executed Five Year Extension Runs Through 2026
- Ideal Demographics for This Highy Sought-After Tenant
- 20,000 VPD Traffic on Paredes Line Road
- Tax-Free State
INVESTMENT OVERVIEW
The subject offering affords an incoming investor the opportunity to acquire a 9,360 square foot Family Dollar in Brownsville, Texas. Family Dollar recently demonstrated their commitment to this location by executing a five-year extension which commenced in January of 2022. The offering provides a strong investment with a highly sought-after tenant. This asset has minimal landlord responsibility.
