Colliers is pleased to present to qualified investors the opportunity to acquire the single-tenant net lease Family Dollar property located in Ben Wheeler, Texas.
The ±10,500 SF freestanding building was recently constructed in 2023 as a build-to-suit combo store development. The tenant, Family Dollar signed a new 10-year corporately guaranteed lease with six (6) 5-year options to extend. The lease features scheduled rental increases in each of the options, and minimal landlord responsibilities, making this an ideal investment opportunity for a passive investor.
Family Dollar is strategically located along State Highway 64 in Ben Wheeler, Texas. The property benefits from minimal competition, strong household incomes in 1-, 3-, and 5-mile radius surrounding the property, and a growing population.
Ben Wheeler is located in Van Zandt county, 30 minutes West of Tyler, Texas. Tyler is one of the largest and fastest growing areas in East Texas. With a population of over 249,000, Tyler serves as a regional hub for education, healthcare, logistics and tourism.