Family Dollar

Family Dollar

Livingston, TX

Livingston, TX

Family Dollar

Offered for sale is the opportunity to acquire an absolute net lease Family Dollar in Livingston, Texas. The property consists of a 8,320-square foot, freestanding building that sits on approximately 1.04 acres of land. There are approximately 9.6 years remaining on the current lease term, with a 10 percent rental escalation scheduled in five years, as well as each option thereafter.

Price $1,385,200
Cap Rate 6.00%
Building Size 8,320 sqft
Lot Size 1.04 acres
Year Built 2015
Offering Memorandum

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • Rare Absolute Net Lease with Approximately 9.6 Years Remaining
  • Attractive 10% Rental Escalation In Five Years
  • Excellent Access and Visibility on U.S. Highway 190
  • 6 Miles from Naskila Gaming, a 30,000-SF Casino with 790 Machines and 2 Restaurants
  • North Houston Location - Greater Houston is the Fifth-Most Populous Metropolitan Area in the U.S.

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
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