Family Dollar

201 Lott St, Yoakum, TX

Property Information

Price Summary

$ 995,000

Cap Rate

8.84 %

NOI

$ 87,916

Total Lot Size

0.48 Acres

Building Size

8,400 SF

Chance Hales

Partner

T: (806) 679-9776

Property Highlights

  • Family Dollar in Yoakum, TX With 2+ Years Remaining on Current Term
  • Attractive 10% Rent Increases in the Option Periods
  • Tenant Exercised First Renewal While Paying Full 10% Increase in Rent
  • Tenant Fully Responsible for HVAC System
  • Located Near US Hwy 77 and TX-111, Serving Regional Shoppers and Commuters
  • Healthy 5-Mile Demographics for a Dollar Store With 7,000+ Residents
  • Close to Yoakum High School, City Hall, and Local Parks, Driving Consistent Foot Traffic
  • Corporately Guaranteed by Family Dollar Stores, LLC (Privately Held)

Point of Contact

Chance Hales

Partner

T: (806) 679-9776

TX# 597585

Eric Kelley

Director

T: (281) 610-5011

TX #9007104

Cody Crist

Partner/Director

T: (817) 584-2000

TX #697980

Branson Blackburn

Managing Partner

T: (682) 233-5223

TX# 611825

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