1385 Knox Ave - Freestanding FOR SALE


Fort Hancock, TX 79839
$700,000 USD
980-498-3293
1385 Knox Ave, Fort Hancock, TX for Sale
$700,000 USD
Freestanding - FOR SALE
1/5
null | 12% Cap Rate

1385 Knox Ave
Fort Hancock, TX 79839


HIGHLIGHTS

  • Over 16,000 Family Dollar and Dollar Tree locations in 48 different states | Dollar Tree is ranked #134 on Fortune 500 | In Q2 FY 2025 Dollar tree rep
  • Family dollar is an investment grade company with a S&P credit rating of BBB | Dollar Tree (parent company of Family Dollar) is a publicly traded comp
  • Delivered in 2017 to Family Dollar's current prototype | Tenant recently extended early showing conviction to the site | Stores 0.78-acre parcel featu

OVERVIEW

Over 16,000 Family Dollar and Dollar Tree locations in 48 different states | Dollar Tree is ranked #134 on Fortune 500 | In Q2 FY 2025 Dollar tree reported same-store net sales growth of 6.5%, driven by 3% increase in traffic Family dollar is an investment grade company with a S&P credit rating of BBB | Dollar Tree (parent company of Family Dollar) is a publicly traded company (NASDAQ: DLTR) with a market capitalization of $29.46B Delivered in 2017 to Family Dollar's current prototype | Tenant recently extended early showing conviction to the site | Stores 0.78-acre parcel features concrete parking, LED lighting and direct access from Knox Ave Property sits on main retail corridor adjacent to I-10 (16,972 VPD) | Less than a half-mile to Benito Martinez Elementary School (~215 students) | Location at SW corner of Knox Ave & Smith Rd places it as one of the few fill-line general merchandise outlets in the immediate trade zone key to Dollar Trees successful national strategy Only general merchandise store in Market commanding 100% of market share | Broader Texas retail-market context shows tight supply and upward rent pressure | In a rural infill location like Fort Hancock, with limited future competitive supply, the property stands to benefit from these overarching state-level trends that favor NNN, well-located retail assets The El Paso Metropolitan Statistical Area has a population of 678,147 with a median HHI up 5.4 % year-over-year | The property benefits from a stable household base and income metrics supportive of retail-demand, rather than relying solely on tourism

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$84 USD /SF

CAP RATE

12%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.