Family Dollar

1385 Knox Ave, Fort Hancock, TX
Deal Type:
Net Lease
Price:
$1,083,871
Cap Rate:
7.75%
Current Rent:
$84,000
Lease Type:
DoubleNet
Landlord Responsibilities:
Roof/Structure/Parking
Renewal Options:
6, Five Year
Building Sq. Ft.:
8,320 SF
Rent Increases:
5% per option
Site Size:
0.78 Acres

Investment Highlights

  • Commitment: Six, Five year options with 5% rental increases per option to provide a hedge against inflation
  • Attractive Lease Structure: NN lease structure requires minimal landlord responsibilities
  • Zero Competition: Nearest Dollar Store is over 20 Miles to the North and over 60 MIles to the South
  • Location: Conveniently located just off of Interstate 10 at the Knox Ave exit which has over 24,000 VPD
  • Tenant Credit: Investment Grade Credit Tenant – S&P: BBB

Listing Agents

Connor Shell

Managing Director
407 913 9009
[email protected]

Dorothy Lee, CCIM

Vice President
626 236 3823
[email protected]

Broker Of Record: Kyler Bean, Lic: 646910

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