Family Dollar 7750 9th Ave 8 320 pi² Commerce de détail Immeuble Port Arthur, TX 77642 2 087 405 $ CAD (250,89 $ CAD/pi²) 7,28% Taux de capitalisation

As exclusive advisor, MMG Real Estate Advisors is pleased to present an investment opportunity located at 7750 9th Ave, Port Arthur, TX, offering a strong opportunity for long-term income generation with an asking price of $1,525,000. The property consists of 8,320 square feet of gross leasable area and is fully occupied by Family Dollar, a stable and reliable tenant. The asking price reflects a competitive $183 per square foot and a 7.28% cap rate based on an annual Net Operating Income (NOI) of $111,055.
The long-term lease in place provides significant stability, making the property an attractive option for investors seeking secure, passive income. The lease is structured as a NN+ (triple net) lease, with Family Dollar covering most operating expenses while the landlord is responsible for the roof, structure, and parking. The lease commenced on August 1, 2020, and expires on September 30, 2028, with six additional five-year renewal options, each featuring a 5% rent increase that ensures consistent rental income over the coming decades. With approximately 32 years of remaining lease term including options, the investment offers substantial long-term income stability. Situated on a 2-acre lot, the property provides excellent accessibility with 26 standard parking spaces and two designated handicap spaces. Built and remodeled in 2020, the building is in excellent condition and is zoned LC (Local Commercial), supporting its continued retail use. The combination of an attractive cap rate, a creditworthy tenant, and a long-term lease structure positions this asset as a compelling retail investment opportunity.