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29848239
29848240

1610 US Hwy 259 South, Diana, TX 75640

CH
TX 597585
Trinity Real Estate Investment Services
CC
TX 697980
Trinity Real Estate Investment Services
EK
TX 9007104
Trinity Real Estate Investment Services
BB
TX 611825
Trinity Real Estate Investment Services
Listed by Trinity Real Estate Investment Services
$665,505
37 days on market
Updated 37 days ago

Family Dollar

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 8,000
Cap Rate 8%
NOI $53,240
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree (+3)
Lease Type NN
Lease Term 30.9
Lease Expiration 01/01/2033
Remaining Term 6.9
Rent Bumps Yes
Lease Options Two (2), 5-Year; 10%
Price per SqFt $83
Year Built 2002
Acreage 0.740
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 02/23/2002
Ownership Fee Simple

3.3% Rent-to-Sales Ratio | 8.00% CAP | 8,000 SqFt

Marketing description

Trinity Real Estate Investment Services is pleased to present the opportunity to a Family Dollar in Diana, TX. This property offers a low price point with a NN lease featuring 6+ years remaining, strong store sales, and an early lease extension that underscores the tenant’s long-term commitment to the location.

Property Website: https://trinityreis.com/listing/1610-us-hwy-259-south/

Investment highlights

  • Low Price Point Family Dollar in Diana, TX

  • NN Lease With 6+ Years Remaining; Early Extension Demonstrates Strong Long-Term Tenant Commitment

  • Strong Store Sales; 3.3% Rent-to-Sales Ratio With Annual Reporting Highlighting Tenant Operational Strength

  • Limited Local Retail Competition - Store Serves as Primary Source of Goods for Local Residents

  • Excellent Visibility Along US 259 Hwy With 14,000+ Vehicles Passing Daily in Front of Subject Property

  • Convenient Access to Longview, TX - Located Just 15 Miles From a Metro Area of 81,000+ Residents

  • Corporately Guaranteed by Family Dollar Stores Inc - Over 7,480+ Stores Spanning 49 States

Listing Contacts

CH
TX 597585
Trinity Real Estate Investment Services
CC
TX 697980
Trinity Real Estate Investment Services
EK
TX 9007104
Trinity Real Estate Investment Services
BB
TX 611825
Trinity Real Estate Investment Services
Listed by Trinity Real Estate Investment Services

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$53,240.00
$4,436.67/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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Additional Information

Name
Chance Hales
License
597585
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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