Family Dollar
Net Leased Family Dollar | 9.25% CAP
Marketing description
The Kase Group is pleased to present the opportunity to acquire a net-leased Family Dollar located at 206 West Cleveland Avenue in Hale Center, Texas. The property consists of an ±8,320 square foot freestanding building with excellent visibility along the town’s primary commercial corridor. Hale Center is situated in central Hale County and functions as a local hub for surrounding rural communities.
The lease is corporately guaranteed by Family Dollar Stores, Inc. and structured as a Net Lease with minimal landlord responsibilities limited to roof and structure. The current term runs through September 30, 2028, and includes six (6) additional five-year renewal options with no rental increases during the base or option periods.
The property is ideally positioned with close proximity to U.S. Highway 27 and surrounded by key area businesses including Lowe's Market, Allsup's Convenience Store, Good Neighbor Pharmacy, Luis Tire Shop, Brown Sugar and Lace Boutique, Rawhide Dairy, K & W Equipment, and Helena Chemical Company.
Investment highlights
- Net Lease – Landlord Responsible for Roof & Structure Only
- Corporate Guarantee – Family Dollar Stores, Inc.
- Highly Visible Site Along West Cleveland Avenue
- Close Proximity to U.S. Highway 27
- Neighboring Tenants include Lowe's Market, Allsup's Convenience Store, Good Neighbor Pharmacy, Luis Tire Shop, Brown Sugar and Lace Boutique, Rawhide Dairy, K & W Equipment, and Helena Chemical Company
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