806 W 4th St - Freestanding FOR SALE


Cameron, TX 76520
$924,000 USD
678-808-2762
806 W 4th St, Cameron, TX for Sale
$924,000 USD
Freestanding - FOR SALE
1/3
null | 9.49% Cap Rate

806 W 4th St
Cameron, TX 76520


OVERVIEW

LOW RENT & PRICE POINT STORE | AVAILABLE AT 9.5% RETURN • The subject property has a low rent of $87,725 ($10.54/SF) that equates to a low price of $924K. POSITIONED ON HWY 190 (10,678 VPD) • The Family Dollar is strategically located on Highway 90, which sees more than 10,678 vehicles daily. • Highway 90 connects Temple, TX & Brenham, TX. 5 YEAR EXTENSION ON CORPORATE LEASE • Family Dollar executed their option in January 2023, and there is 3 years remaining. • This store has a 3 year corporate guaranteed NN Lease with 10% Increases Every 5 Years. • Tenant is responsible for parking lot maintenance (repair, striping, sealing, etc), taxes, Insurance, Utilities, and HVAC (except for replacement in final year). • There are limited Landlord responsibilities, which include the Roof and Structure. TEXAS IS A TAX FREE STATE • Texas is one of seven states that have no income tax. • Texas also has no estate tax. NEAR AUSTIN • Austin is the capital of Texas and the 4th largest city in the state, with a population of over 979,000 (2023), and more than 2.4 million in the metropolitan area. • The Austin MSA is one of the fastest-growing large metro areas in the U.S., regularly ranking in the top 5 for job and population growth. • Austin has earned the nickname “Silicon Hills” due to the presence of major tech companies including Apple, Google, Amazon, Tesla, Oracle, and Dell Technologies (HQ). • Austin is home to The University of Texas at Austin, with over 52,000 students, and is a major driver of research, innovation, and talent in the region. • Austin-Bergstrom International Airport served over 21 million passengers in 2024, supporting the city’s strong tourism and business travel industries. • The Austin metro attracts over 30 million visitors annually, contributing $10+ billion to the local economy through festivals, conferences, music, and outdoor recreation. FAMILY DOLLAR CORPORATE GUARANTEE LEASE WITH OVER 7,625 STORES • Family Dollar has over 7,625 stores across 49 states and territories in the United States. • The largest number of Family Dollar stores are in Texas, with 1,108 stores, which make up about 15% of the total. • Family Dollar has been in business for 65 years and has a net worth of over $30.6 billion (2024).

FOR SALE DETAILS

PRICE

$924,000 USD

PRICE/SF

$111 USD /SF

CAP RATE

9.49%

% 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

2012

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,816 SF

ZONING

-

APN/PARCEL ID

R20512899

ASK ABOUT THIS PROPERTY

Don McMinnMarcus & MillichapMore Info
678-808-2762

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Don McMinnMarcus & MillichapMore Info
678-808-2762

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