935 E Young St - Freestanding FOR SALE
Longview, TX 75602 |
$1,463,019 USD
935 E Young St
Longview, TX 75602
HIGHLIGHTS
- Zero landlord responsibilities, providing passive and predictable ownership.
- Family Dollar Stores, Inc. operates 7,150+ locations across 49 states, offering strong national credit backing.
- 10% rent increase scheduled for April, 2027, with additional increases every five years throughout the option periods.
- No state income tax, enhancing investor yield and after-tax returns
- Located in Longview, a key regional economic hub with strong retail demand drivers.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 8,320 SF Family Dollar located at 935 E Young Street in Longview, TX. The property features 6 years remaining on a rare Absolute Triple Net (NNN) Lease with zero landlord responsibilities, along with 10% rent increases in April, 2027 and every 5 years during the option periods, offering built-in rental growth and a stable, passive investment opportunity.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
FOR SALE DETAILS
PRICE
$1,463,019 USD
PRICE/SF
$176 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Family Dollar - Longview, TX (E Young St)
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
1.47 AC
LAND SF
64,033 SF
ZONING
-
APN/PARCEL ID
55445
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