KW Net Lease Advisors is pleased to present the opportunity to acquire a Family Dollar in Coldspring, Texas that was built in 2004. Family Dollar signed a 10-year NN Lease in 2004 and has since executed 1 option to extend and paid a 10% rental increase. The lease also features a percentage rent clause whereby Family Dollar is required to report store sales, which were very strong in 2016. With strong store sales and a 9,180 square foot store, this location provides excellent upside with increased rent through option periods.
The subject property is located along state highway 150 and neighbors the Post Office, High School, and Grocery Store (Brookshire Bros) of Coldspring. The site features a concrete parking lot and easy access in and out of the store.
Coldspring is situated between Huntsville and Livingston just 60 miles north of Houston.
See all of KW Net Lease Advisors available properties including this Family Dollar located in Coldspring, TX