FAMILY DOLLAR | $1,973,200 | 5.75% CAP
The Deltondo Group and Marcus & Millichap are pleased to present for sale Family Dollar a single-tenant property located at 2001 Clinton Drive, Houston (Galena Park), Texas 77547.
The subject property is comprised of 10,000 square feet, built-in 2015 on a large 39,900 square foot lot. Family Dollar is located on Clinton Drive which oversees ±14,000 vehicles per day. With 9-years remaining on the absolute-net lease Family Dollar has Six, 5-year options to extend with rare a 10% increase in Year 11 & Options.
When it comes to getting value for everyday items for the entire family in an easy to shop, neighborhood location, Family Dollar is the best place to go. One of the nation’s fastest-growing
retailers, Family Dollar offers a compelling assortment of merchandise for the whole family ranging from household cleaners to name brand foods, from health and beauty aids to toys, from
apparel for every age to home fashions, all for everyday low prices. While shoppers can find many items at $1 or less, most items in the store are priced below $10, which makes shopping fun without stretching the family budget.
Family Dollar serves families in more than 8,000 neighborhoods in 46 states. The Dollar Tree merger with Family Dollar now creates a combined organization with sales exceeding $23 billion annually with more than 15,115 stores across 48 states and five Canadian Provinces. The merger has allowed Family Dollar to grow offering broader, more compelling merchandise assortments, with greater values, to a wider array of customers.