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32467534
32467415

43441 Texas 87, Orange, TX 77632

JP
TX 424317-B
STRIVE Commercial Real Estate Advisors
CJ
TX 833812
STRIVE Commercial Real Estate Advisors
Listed by STRIVE Commercial Real Estate Advisors
$1,000,000
26 days on market
Updated 25 days ago

Family Dollar - Orange, TX

Details
APN 110931
Property Type Retail
Sub Type Storefront
Square Footage 9,180
Units 1
Cap Rate 8.50%
NOI $85,000
Tenancy Single
Brand/Tenant Family Dollar
Lease Type NN
Lease Term 10
Lease Expiration 09/30/2031
Remaining Term 4.8
Rent Bumps Yes
Lease Options six total options- 5 years each
Year Built 2019
Lot Size (SqFt) 38,702
Lease Commencement 03/10/2021
Ground Lease No

8.5% CAP | 9,180 SF

Marketing description

Family Dollar at 43445 TX-87 S, Orange, TX 77632 offers an attractive opportunity to acquire a modern, single-tenant net lease asset backed by a nationally recognized retailer. Built in 2019, this 9,180 SF store sits on 0.93 acres and is offered at $1,000,000, delivering an 8.50% cap rate with $85,000 in annual NOI. The property is leased to Family Dollar Stores, Inc., a wholly owned subsidiary of Dollar Tree, Inc., with a corporate guarantee and lease term through September 2030. The tenant also holds six 5-year renewal options, creating long-term income potential. Under the NN lease structure, the tenant is responsible for CAM, taxes reimbursements, insurance reimbursements, and HVAC, helping minimize landlord responsibilities. Positioned in the Orange, TX market within the Houston MSA, the site benefits from steady daily-needs traffic and serves as a retail hub for eastern Orange County and surrounding communities. With estimated traffic counts of 4,897 vehicles per day and average household income of $83,379 within a 5-mile radius, this asset combines durable tenant credit, recent construction, and an accessible price point for investors seeking stable cash flow and long-term upside.

Investment highlights

• Corporate Guarantee Family Dollar in Tax Free State; Texas (NYSE:FDO)

• Significant Long-Term Upside: Tenant holds six (6) five-year renewal options, delivering up to 30 additional years of potential tenancy

• Modern Construction (2019) — recently built facility reduces nearterm capital expenditure risk and enhances long-term durability of the asset.

• Established East Texas Market: Orange serves as a regional retail hub for eastern Orange County and surrounding rural communities, capturing consistent daily-needs traffic beyond its immediate population.

• Low Price Point: Offered at $1,000,000, the asset provides an opportunity to acquire a nationally branded, single-tenant retail property at a very accessible price point

• Downside Protection: The combination of a low basis and high cap rate provides a built-in margin of safety against interest rate volatility and market fluctuations

• Limited Landlord Responsibility – Tenant responsible for CAM, taxes reimbursements, insurance reimbursements, and HVAC

Listing Contacts

JP
TX 424317-B
STRIVE Commercial Real Estate Advisors
CJ
TX 833812
STRIVE Commercial Real Estate Advisors
Listed by STRIVE Commercial Real Estate Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$85,000.00
$7,083.33/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

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Additional Information

Name
Jennifer Pierson
License
424317-B
Brokerage
STRIVE Real Estate
Brokerage Phone
214-354-6820
Title
Broker
Brokerage Address
17742 Preston Road
Name
Connor Jabbar
License
833812
Brokerage Phone
4698448889
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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