Log In/Sign Up
Your email has been sent.
1416 W Noel St
Memphis, TX 79245
Family Dollar 4 Property Portfolio · Retail Property For Sale
·
31,500 SF Total
Executive Summary
• Push the “easy button” with this Family Dollar portfolio serving areas with limited grocery and consumer options.
• Family Dollar is a value based retailer that thrives in all economic times.
• All four properties are proven locations that were not impacted by new corporate ownership.
• Minimal landlord responsibilities with these 2022 built NN+ leases.
• Corporate guaranteed by experienced private equity firms that own discount retailers including Kohl’s, Big Lots, and Bed Bath & Beyond.
• Motivated seller will consider selling locations separately.
• Texas locations are NOT subject to state income tax.
• NN+ leases with recent 2022 construction and no state income tax (Texas locations only).
• Family Dollar is a value based retailer that thrives in all economic times.
• Landlord responsibilities: Roof, structure and parking lot (CAPX only).
• Tenant Responsibilities: All other repairs, grounds maintenance, liability insurance and reimbursement of taxes and property insurance.
• Renewal options: 6 five-year options with .50/SF in each option period.
• Corporate guaranteed: new Family Dollar owners, private equity firms Brigade Capital Management and Macellum Capital Management.
Texas Broker of Record:
Reid Peevey Commercial Real Estate Company
Victor Randolph Reid
254-753-1157
Randy@ReidReevey.com
TX License # 333073
Oklahoma Broker of Record:
Bang Realty - Oklahoma Inc.
Brian Brockman
513-898-1551
BOR@BangRealty.com
OK License # 177814
• Family Dollar is a value based retailer that thrives in all economic times.
• All four properties are proven locations that were not impacted by new corporate ownership.
• Minimal landlord responsibilities with these 2022 built NN+ leases.
• Corporate guaranteed by experienced private equity firms that own discount retailers including Kohl’s, Big Lots, and Bed Bath & Beyond.
• Motivated seller will consider selling locations separately.
• Texas locations are NOT subject to state income tax.
• NN+ leases with recent 2022 construction and no state income tax (Texas locations only).
• Family Dollar is a value based retailer that thrives in all economic times.
• Landlord responsibilities: Roof, structure and parking lot (CAPX only).
• Tenant Responsibilities: All other repairs, grounds maintenance, liability insurance and reimbursement of taxes and property insurance.
• Renewal options: 6 five-year options with .50/SF in each option period.
• Corporate guaranteed: new Family Dollar owners, private equity firms Brigade Capital Management and Macellum Capital Management.
Texas Broker of Record:
Reid Peevey Commercial Real Estate Company
Victor Randolph Reid
254-753-1157
Randy@ReidReevey.com
TX License # 333073
Oklahoma Broker of Record:
Bang Realty - Oklahoma Inc.
Brian Brockman
513-898-1551
BOR@BangRealty.com
OK License # 177814
Property Facts
| Price / SF | $225.11 CAD / SF | Number of Properties | 4 |
| Cap Rate | 8.50% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 31,500 SF |
| Status | Active | Total Land Area | 3.34 AC |
| Price / SF | $225.11 CAD / SF |
| Cap Rate | 8.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 31,500 SF |
| Total Land Area | 3.34 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Family Dollar
602 W Cherokee St, Lindsay, OK 73052 |
Retail | 10,500 SF | 2022 | - |
|
Family Dollar
1416 W Noel St, Memphis, TX 79245 |
Retail | 10,500 SF | 2022 | - |
|
Family Dollar
1117 W Main St, Olney, TX 76374 |
Retail | 10,500 SF | 2022 | - |
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
