FAMILY DOLLAR | AMARILLO, TEXAS
INVESTMENT SUMMARY
Purchase Price
$1,443,500
Location
900 NE 24th Ave
Cap Rate
8.00%
Annual Rent
$115,484.04
Building Size
8,320 SF
Land Area
1.157 Acres
Ownership
Fee Simple
Lease Type
NN+
Term Remainning
5 Years
LEASE EXPIRATION
7/31/2031
Renewal Options
RENT INCREASES
10% at Options
Parking
43 Spaces
Year Built
2015
APN
216101
Traffic Counts
8,247 VPD
INVESTMENT HIGHLIGHTS
FAMILY DOLLAR CORPORATE LEASE:
- Approximately 5 Years of Guaranteed Lease Term Remaining (Lease Exp: July 2031)
- 2015 Construction | Build-to-Suit Family Dollar
- 8,320 SF Building on 1.157 Acre Parcel
- Five (5) - Five (5) Year Renewal Options with 10% Rental Increases
NN+ LEASE | MINIMAL LANDLORD RESPONSIBILITIES:
- Landlord Responsibilities Limited to Roof, Structure & Parking Lot
- Tenant Responsible for Maintaining, Repairing & Replacement of HVAC Sytems
- Tenant Responsible for the Maintenance of Existing Landscaping; The Removal of Snow, Ice, Trash, Weeds and Debris from the Parking, Service, Access and Landscaped Areas
- Tenant Responsible for Restriping the Parking Area and Repairing Parking Area Lights
STRONG PLACER.AI DATA - 172,100 VISITS:
- Nationwide (673 out of 7,014 Stores) = Top 10%
- Statewide (106 out of 1,047 Stores) = Top 11%
- Local (15-Mile Radius) = Top Store (1 out of 10)
AMARILLO - #1 MIDSIZE CITY FOR GROWTH:
- In June 2025, USA Ranked Amarillo as the #1 Midsize City for Growth in the U.S.
- Recognized the City's Strategic Planning, Workforce Development and Community Momentum
- Ranked Ahead of Omaha, NE; Des Moines, IA; Boise, ID; Charleston, SC; and Huntsville, AL
PROXIMITY FROM AMARILLO, TEXAS:
- Lubbock, TX | 126 Miles
- Wichita Falls, TX | 225 Miles
- Midland, TX | 239 Miles
- Oklahoma City, OK | 261 Miles
- Abilene, TX | 271 Miles
- Dallas, TX | 365 Miles

