Family Dollar Storefront
For Sale
Contact for pricing
Pending
1240 Espejo Molina Rd, Laredo, TX 78046
Family Dollar build-to-suit with concrete parking lots, recently converted to the newest Family Dollar/Dollar Tree prototype in June 2022.
Property SizeContact for details
Days on Market142
Property Features for 1240 Espejo Molina Rd
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Cap Rate
6.25%
Building Details
Year Renovated
2022
Tenancy
Single
Listing Agency:
KELCO Investments
Listed By:
Kelly Huang · License #IL 471008018
Source:
Crexi
Added: Apr 11
Changed: Aug 13
Last Checked: Aug 28 at 8:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELCO Investments
Investment Insights
Based on property information with market context.
This Family Dollar storefront property is part of a three-property portfolio of Family Dollar locations. The building is described as a build-to-suit for Family Dollar and includes concrete parking lots. The property was recently converted to the newest Family Dollar/Dollar Tree store prototype in June 2022.
The portfolio is described as located on retail thoroughfares and among other national and local retailers, as well as national fast food chains. The remarks also note that these Family Dollar stores are positioned in long-term, demographically ideal dollar store markets, and that the stores rank in the top 65%-95% of store visits out of all Texas Family Dollar stores.
As presented, the offering may be purchased as part of the portfolio or separately, and the conversion and build-to-suit design are intended to support long-term tenancy.
The portfolio is described as located on retail thoroughfares and among other national and local retailers, as well as national fast food chains. The remarks also note that these Family Dollar stores are positioned in long-term, demographically ideal dollar store markets, and that the stores rank in the top 65%-95% of store visits out of all Texas Family Dollar stores.
As presented, the offering may be purchased as part of the portfolio or separately, and the conversion and build-to-suit design are intended to support long-term tenancy.
Key Highlights
- Family Dollar build‑to‑suit with concrete parking lots, reducing parking lot maintenance and repair costs
- Recently converted to the newest Family Dollar/Dollar Tree store prototype in June 2022
- Three‑property portfolio option: 2817 W. Mile 7 Rd., Mission, TX for $1,753,168 (6.25% cap)
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
59
Businesses Nearby
Explore this area
Business Placement
Demographics for 78046, TX
71,956
Population
19,601
Households
3.7
Avg Household Size
27
Median Age
13%
College-Educated
64%
High-School Grad
183.3 sq mi
ZIP Area
393
Density / Sq Mi
$53,601
Median Household Income
$28,062
Median Earnings
$1,038
Median Rent
$142,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Family Dollar build-to-suit with concrete parking lots, recently converted to the newest Family Dollar/Dollar Tree prototype in June 2022.
Where is this retail space located?
The property is located at 1240 Espejo Molina Rd Laredo, TX.
What are key features of this property?
This property features: Family Dollar build‑to‑suit with concrete parking lots, reducing parking lot maintenance and repair costs; Recently converted to the newest Family Dollar/Dollar Tree store prototype in June 2022; Three‑property portfolio option: 2817 W. Mile 7 Rd., Mission, TX for $1,753,168 (6.25% cap)
