201 Kent St - Freestanding FOR SALE


Merkel, TX 79536
$255,000 USD
469-916-8811
201 Kent St, Merkel, TX for Sale
$255,000 USD
Freestanding - FOR SALE
1/9
null | 8.3% Cap Rate

201 Kent St
Merkel, TX 79536


HIGHLIGHTS

  • Historical Success with Nearly 30 Years of Occupancy – with 1½ Years of Term Remaining on Term with Option Periods
  • Strong Corporate Guarantee by Family Dollar Holdings Inc.
  • Low Price Point – Priced Below Replacement Cost
  • Very Strong Sales and Healthy Rent to Sales Ratio
  • One of Two Dollar Stores in an 8 Mile Radius - Strong Central Location in Merkel
  • Excellent Corner Location with High Visibility on Kent Street that sees 2,820+ VPD

OVERVIEW

The EngVest Group is pleased to present the opportunity to acquire the fee-simple interest in the Family Dollar located at 201 Kent Street, Merkel, TX 79536. This longstanding location has demonstrated nearly 30 years of operating success, underscoring the tenant's strong performance and continued commitment to the site. Backed by a solid corporate guarantee from Family Dollar Holdings, Inc., the asset operates under a NN lease structure with minimal landlord responsibilities, providing investors with stable, passive income in an essential and recession-resistant retail category. Ideally positioned near the downtown area of Merkel, the property sits on a prominent corner along Kent Street—bene?ting from excellent visibility and over 2,820 vehicles per day. As one of only two national retailers in the entire town and one of just two dollar stores within an eight-mile radius, this Family Dollar serves as a critical retail anchor for the community, drawing a captive customer base with limited competition. Strong in-place sales and a healthy rent-to-sales ratio further reinforce the location's long-term viability. Priced below replacement cost and supported by consistent performance, essential-use demand, and remaining lease term with option periods, this offering provides investors with an attractive opportunity to secure dependable cash ?ow and long-term stability within the single-tenant net-lease market.

FOR SALE DETAILS

PRICE

$255,000 USD

PRICE/SF

$26 USD /SF

CAP RATE

8.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

14,000 SF

ZONING

-

APN/PARCEL ID

55929

ASK ABOUT THIS PROPERTY

Austin CheExp Commercial of California, Inc.More Info
469-916-8811

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Austin CheExp Commercial of California, Inc.More Info
469-916-8811

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