Family Dollar

Texarkana is a city in Bowie County, Texas, United States, in the Ark-La-Tex region. Located approximately 180 miles (290 km) from Dallas, Texarkana is a twin city with neighboring Texarkana, Arkansas. The Texas city’s population was 36,193 at the 2020 census. The city and its Arkansas counterpart form the core of the Texarkana Metropolitan Statistical Area, encompassing all of Bowie County, Texas, and Miller County, Arkansas. The name Texarkana is known to be a portmanteau of Texas, Arkansas, and nearby Louisiana. However, accounts of the name’s origin differ, and it had been in use some time before the town was founded. The most popular tradition is that when the St. Louis, Iron Mountain and Southern Railway was building its line through the area, Col. Gus Knobel, a railroad surveyor, coined the name. He is said to have painted it on a plank and nailed it to a tree, saying “This is the name of a town which is to be built here. Another story tells of a Red River steamboat named The Texarkana, c. 1860. A third account relates that a storekeeper named Swindle in Red Land, Louisiana, concocted a drink called “Texarkana Bitters”.Exclusive Realty is pleased to present this 8,320 square foot Family Dollar store located in Texarkana, Texas. The property has a NN Lease, leaving minimal Landlord Responsibilities. The lease is corporately guaranteed by Dollar Tree, Inc., which holds a credit rating of “BBB-” and this is classified as investment grade. The subject property is on US 59 S., which intersects with Interstate 369 offering easy accessibility and ensuring this location is ideal for a Family Dollar. This Family Dollar is also in close proximity to retailers Sonic Drive-In, E-Z Mart, Sports Magic Inc., and more. The subject offering represents an ideal opportunity for a 1031 Exchange buyer. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, one of the nation’s top dollar stores.