3163 N Dallas Ave, Lancaster, TX 75134 - Property for Sale
Available For Sale - Retail
8,353 SF
|
Show Pricing $
AVAILABILITY DETAILS
- Size
- 8,353 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA525725
- Notes
- Colliers is pleased to exclusively offer to qualified investors, the opportunity to purchase this absolute NNN Family Dollar, located at 3163 N Dallas Avenue in Lancaster (South Dallas), TX. The ±8,353 SF building sits on ±0.230 acres on a signalized hard-corner, located at the intersection of State Highway 342 and Telephone Road.
This corporate guaranteed lease has 104 months (8.8 years) of remaining lease and has an absolute NNN lease structure with zero landlord responsibilities. The site is situated in an highly active industrial submarket of south Dallas and is located just .30 miles from Dallas College’s Cedar Valley Campus.
https://texas.colliers.com/famil...
• Investment Grade Credit: BBB Credit Rating from S&P Global
• Passive Ownership: Rare absolute NNN lease is structured with zero landlord responsibilities
• Corporate Guarantee: Lease Guaranteed by Family Dollar Stores, Inc
• Attractive Lease Escalations: 10% rental increase on May 1, 2027 and 10% every 5 years there after
• Active Location: Placer.ai ranks this as a top 25% store in the state of Texas
• Strong Location: Site is located on a hard signalized corner in an active industrial submarket of South Dallas and across the street from Dallas College
- Uses
- Retail
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Brenna Leach, Colliers
Brenna Leach, Colliers
