Contacts
Cody Crist
Trinity Real Estate Investment Services
Property Details
- Property Type Retail - Freestanding
- Property Size 10,500 SF
- Units 1
- Lot Size 1.13 Acre
- Additional Rent Contact for pricing
- Property Tenancy Single Tenant
- Year Built 2021
- Date Updated Dec 10, 2024
TBDTrinity Real Estate Investment Services is pleased to present the opportunity to acquire a Family Dollar/Dollar Tree in Brookeland, TX. The subject property has 7+ years of firm term remaining and tenant has given landlord notice for vacating the store but will continue to fully honor their lease obligations. It is an attractive high yield investment opportunity with several years remaining on lease. The property is located adjacent to Sam Rayburn Lake.
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Highlights
- 11.86% CAP Dark Texas Dollar Tree / Family Dollar
- 7+ Years Remaining of Corporately Guaranteed Rent Payments
- $740,000 in Remaining Lease Income - 85% of the Purchase Price
- Tenant Fully Responsible for Fully Reimbursing Landlord for Insurance, Property Taxes and Tenant Maintains Landscaping Directly
- Subject Property is Located Off of U.S, Hwy 96 Which Generated Traffic Counts of 5,360+ VPD
- Dollar Tree (NYSE: DLTR) is a Fortune 500 Company With a Credit Rating of BBB (S&P)
Getting around
-
21/100
Walk Score ®
-
24/100
Bike Score ®
Powered by Walk Score ®
Location
- City Brookeland, TX
- Neighborhood Browndell
- Zip Code 75931
Points of Interest
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Valero
6.78 miles
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Trail Between The Lakes Trailhead 3
2.43 miles
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Dairy Queen
7.17 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Cody Crist
Trinity Real Estate Investment Services