Family Dollar | 69th Percentile Ranking on Placer.Ai

Investment Overview

Explore this prime retail opportunity located in the dynamic Big Spring area. With an impressive 8,320 SF building, constructed in 2012 and currently operating at 100% occupancy, this property presents an attractive investment for Retail / Free Standing Building investors. Boasting modern construction and a strategic location, it offers an ideal environment for tenants to thrive. The property's established full occupancy status is a testament to its desirability and strong potential for immediate income generation. With its well-maintained, contemporary design and high-demand location, this Retail / Free Standing Building is positioned as a compelling asset for savvy investors looking to capitalize on the vibrant retail landscape of Big Spring, TX.

Investment Highlights

• Family Dollar is offering to extend the lease for 5 years early renewal, see following page for details *
• High Traffic Counts along FM700 - see map for details
• $2+M in consistent sales and 69th Percentile Nationwide traffic ranking, per PlacerAI report
• Big Spring is positioned along Interstate 20 | 230 Miles West of DFW
• Relocation store - previous location was in the Sears-Harbor Freight retail center Northeast adjacent
• Big Spring serves as the county seat of Howard County | Known for its history of oil, ranching, and film production, and its landmark spring and mountain
• Big Spring population 26,144 | pop. 6,500 within 1-Mile radius Average Household Income in Excess of $80,000 within 2 Mile Radius
• Lease Excerpt on Maintenance: "Tenant will maintain existing landscaping and parking...including the removal of snow, ice, trash, weeds, debris...and will be responsible for the asphalt and concrete repairs up to $1,000."
• Lease Excerpt, HVAC: "...tenant will maintain, repair, and replace the heating and air condition systems, ...[except] during the last two years of the lease term."