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Family Dollar 710 Tenaha St 8,000 SF Retail Building Center, TX 75935 $1,066,389 CAD ($133.30 CAD/SF) 9% Cap Rate

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INVESTMENT HIGHLIGHTS

  • List price of $763,933 yielding a 9.00% cap rate
  • There are 4.25 years remaining on the lease including Five, 5-Year options to extend at 10% rental increases.
  • Corporate Guarantee from Family Dollar Corporation.
  • Exceptional Sales Performance: RARE lease including a sales-reporting provision. Tenant consistently achieves above average sales
  • The tenant has extended the lease over 3 times, showing their success and long-term commitment to this location.
  • Percentage Rent Upside: Investor has the opportunity to earn additional rent equal to 3.00% of sales exceeding the set threshold

EXECUTIVE SUMMARY

Broker of Record
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
B
Year Built
2002
Price
$1,066,389 CAD
Price Per SF
$133.30 CAD
Cap Rate
9%
NOI
$95,975 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.43 AC
Opportunity Zone
Yes

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

Family Dollar is a neighborhood-focused retailer committed to providing everyday essentials at affordable prices. With merchandise typically ranging from $1 to $10, Family Dollar offers a wide selection of competitively priced national brands alongside value-driven private labels. Customers can find food and beverages, paper goods, health and beauty products, pet supplies, home décor, apparel, seasonal items, and personal electronics—all in one convenient location. Family Dollar stores are strategically located in communities across the country, including underserved areas often lacking access to affordable retail options. By placing stores in these neighborhoods, Family Dollar helps improve the availability of essential goods while saving customers time and money. The company’s mission is rooted in delivering value, convenience, and reliability to families seeking quality products on a budget.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -

NEARBY MAJOR RETAILERS

Anytime Fitness
Woodforest National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R23270
Land Assessment
$105,832 CAD
Improvements Assessment
$450,221 CAD
Total Assessment
$556,052 CAD
  • Listing ID: 38086461

  • Date on Market: 2025-10-15

  • Last Updated:

  • Address: 710 Tenaha St, Center, TX 75935

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