Family Dollar
1606 N. Navarro Street
Victoria, TX 77901
Price: $928,572Cap Rate: 7.00%NOI: $65,000.04Building SF: ~10,000Lot Size: ~19,293Year Built: 1977/2018Status: Available
Investment Highlights:
New Long Term Lease
- Family Dollar has executed a new 10 year lease with minimal landlord responsibilities.
Corporately Guaranteed
- The lease is guaranteed by Family Dollar of Texas, LLC.
Well Located on Major Thoroughfare with High Pedestrian and Traffic Counts
- The property benefits from its location along N. Navarro, the major thoroughfare through Victoria.
- Ideally located among a number of national restaurants and retailers. Located just 1 blocks from DeTar Hospital (193 Beds).
Recent Remodel
- Upon signing the new lease, Family Dollar will be spending in excess of $100,000 on building upgrades.
Strong Demographics
- Family Dollar benefits from a strong daytime population driven by DeTar Hospital, as well as, several secondary schools and universities.