The Kase Group is pleased to present the opportunity to acquire a net-leased
Family Dollar located at 206 West Cleveland Avenue in Hale Center, Texas. The
property consists of an ±8,320 square foot freestanding building with excellent
visibility along the town’s primary commercial corridor. Hale Center is situated in
central Hale County and functions as a local hub for surrounding rural
communities.
The lease is corporately guaranteed by Family Dollar Stores, Inc. and structured
as a Net Lease with minimal landlord responsibilities limited to roof and
structure. The current term runs through September 30, 2028, and includes six (6)
additional five-year renewal options with no rental increases during the base or
option periods.
The property is ideally positioned with close proximity to U.S. Highway 27 and
surrounded by key area businesses including Lowe's Market, Allsup's
Convenience Store, Good Neighbor Pharmacy, Luis Tire Shop, Brown Sugar and
Lace Boutique, Rawhide Dairy, K & W Equipment, and Helena Chemical Company.