Net Leased Fred’s Super Dollar – Lindale, TX Sold

Net Leased Fred's Super Dollar

Lindale, TX (May 28, 2014) –

A 16,000 square foot Net Leased Fred’s Super Dollar – Lindale, TX sold for an undisclosed amount.

The buyer was represented by Branson Blackburn of KW Net Lease Advisors, a Texas based investment real estate brokerage & advisory firm, and the seller was represented by Casey Hymer of Drake Real Estate & Investments.

See more Sold Fred's Super Dollar locations

 

About fred’s Pharmacy

Tracing its history back to an original store in Coldwater, Mississippi, opened in 1947, today fred’s Inc. is headquartered in Memphis, Tennessee, and operates 601 general merchandise and pharmacy stores, including 14 franchised locations, and three specialty pharmacy-only locations.

With a unique store format and strategy that combines the best elements of a value-focused retailer with a healthcare-focused drug store, fred’s stores offer more than 12,000 frequently purchased items that address the everyday needs of its customers and patients. This includes nationally recognized brands, proprietary fred’s label products, and a full range of value-priced selections.

The Company has two distribution centers, one in Memphis, Tennessee, and Dublin, Georgia.

Additional Properties

Fred’s Inc. also owns and operates one additional retail chain. Getwell Drug & Dollar is a convenient pharmacy destination, with 5 locations across Alabama, Tennessee, Georgia and Mississippi that offer an expanded over-the-counter medication selection, individualized patient care, and more than 1,700 $1 items.

https://www.fredsinc.com

See more about fred’s Pharmacy including average trading prices, lease details and cap rates.

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