403 Glenwood blvd - Freestanding FOR SALE
Tyler, TX 75702 |
$1,509,665 USD
403 Glenwood blvd
Tyler, TX 75702
HIGHLIGHTS
- Zero landlord responsibilities, ensuring truly passive ownership.
- Family Dollar Stores, Inc. operates 7,150+ locations across 49 states, providing strong credit backing.
- 10% increase scheduled for October 2026, with additional increases every 5 years in option periods.
- Exposure to 34,000+ vehicles per day, delivering excellent visibility and access.
- Immediate proximity to established neighborhoods supports consistent customer traffic.
- No state income tax, enhancing after-tax investor returns.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 8,320 SF Family Dollar located at 403 S Glenwood Boulevard in Tyler, TX. The property features approximately 5+ years remaining on a rare Absolute Triple Net (NNN) Lease with zero landlord responsibilities, along with a 10% rent increase scheduled for October 2026 and every five years throughout the option periods, offering built-in rental growth and a strong passive investment opportunity.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
FOR SALE DETAILS
PRICE
$1,509,665 USD
CAP RATE
7.75%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Family Dollar - Tyler, TX (S Glenwood Blvd)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront, Storefront Retail/Office, Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.29 AC
LAND SF
99,752 SF
ZONING
-
APN/PARCEL ID
1-50000-0666-00-006070
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