Share This Listing

Message

915 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Zero landlord responsibilities, ensuring truly passive ownership.
  • 10% increase scheduled for October 2026, with additional increases every 5 years in option periods.
  • Immediate proximity to established neighborhoods supports consistent customer traffic.
  • Family Dollar Stores, Inc. operates 7,150+ locations across 49 states, providing strong credit backing.
  • Exposure to 34,000+ vehicles per day, delivering excellent visibility and access.
  • No state income tax, enhancing after-tax investor returns.

Executive Summary

Sands Investment Group is pleased to exclusively offer for sale the 8,320 SF Family Dollar located at 403 S Glenwood Boulevard in Tyler, TX. The property features approximately 5+ years remaining on a rare Absolute Triple Net (NNN) Lease with zero landlord responsibilities, along with a 10% rent increase scheduled for October 2026 and every five years throughout the option periods, offering built-in rental growth and a strong passive investment opportunity.

In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
C
Year Built
2016
Price
$2,095,128 CAD
Price Per SF
$251.82 CAD
Cap Rate
7.75%
NOI
$162,372 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Lot Size
2.29 AC
Opportunity Zone
Yes
Frontage
115’ on South Glenwood Boulevard

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Family Dollar
  • Retailer
  • 8,320 SF
  • $19.55 CAD
  • Sep 2031
Tenant Industry SF Occupied Rent/SF Lease End
Family Dollar Retailer 8,320 SF $19.55 CAD Sep 2031
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Nearby Major Retailers

Verabank
Austin Bank
Texas Bank and Trust
Southside Bank
Rent-A-Center
Regions
  • Listing ID: 39983924

  • Date on Market: 2026-04-01

  • Last Updated:

  • Address: 403 Glenwood blvd, Tyler, TX 75702

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}