Family Dollar in Beaumont, TX

• 8,000 SF Building size
• Lot size: 0.72 Acres
• Rental income: $45,346
• Year building constructed: 2000
• Lease structure: NN (LL Resposibilities: roof, structure, and parking lot (with monthly tenant contribution))
• Lease commencement date: 1/10/2000
• Lease expiration date: 12/31/24
• Major upgrades to roof and parking lot within the last year
• Family Dollar has extended 3 times at this location showing
their commitment to the property
• Lease has % rent clause with additional income to Landlord
• Renewal options: one 5-year option
• Corporate guarantee

InCommercial Property Group is pleased to offer the opportunity to acquire a Family Dollar in Beaumont, TX. The 8,000 SF single tenant building sits on 0.72 acres and is located along S 11th St. Priced at $575,458 with a 7.88% cap rate, the NN lease runs through Dec. 31, 2024. The site great visibility, access, and plenty of surface parking spaces. Family Dollar was acquired by Dollar Tree in 2015 and is now considered to be one of the nation’s largest small-box discount retailers. Operating over 15,000 stores in approx. 48 States the Fortune 200 company has a ± $18 Billion market cap. The Company currently holds an S&P credit rating of BBB- (Investment Grade Credit).