Net-Leased Family Dollar
1002 S Eddy St Pecos, TX 79772
For Sale
Contact for pricing
Pending
Single-tenant net-leased Family Dollar location with a long-term lease history and remaining extended-term duration.
Days on Market91
Property Features for 1002 S Eddy St
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing Agency:
Savills
Listed By:
Addison Williams · License #MI 6501406933
Source:
Crexi
Added: Apr 24
Changed: Jul 23
Last Checked: Jul 23 at 6:27PM
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 Savills
Investment Insights
Based on property information with market context.
This offering is an inline, single-tenant net leased Family Dollar retail property located at 1002 S Eddy St in Pecos, TX. The property has been operated by Family Dollar since 1994, and the tenant recently exercised its 6th extended term. The lease is structured on an NN basis, with the majority of property expenses paid by the tenant.
Per the lease terms described in the remarks, the tenant has three 5-year options remaining, with 10% rental escalations. The landlord also earns additional income through the percentage rent clause in the lease.
The current lease position reflects multiple extensions already exercised, and the property continues to be governed by the tenant-paid expense structure and percentage rent provisions noted above.
Per the lease terms described in the remarks, the tenant has three 5-year options remaining, with 10% rental escalations. The landlord also earns additional income through the percentage rent clause in the lease.
The current lease position reflects multiple extensions already exercised, and the property continues to be governed by the tenant-paid expense structure and percentage rent provisions noted above.
Key Highlights
- Single‑tenant net‑leased Family Dollar in Pecos, TX, operating at the location since 1994
- Tenant recently exercised its 6th extended term with over 5 years remaining on the lease
- Three additional 5‑year lease options remaining, each with 10% rental escalations
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Single-tenant net-leased Family Dollar location with a long-term lease history and remaining extended-term duration.
Where is this retail space located?
The property is located at 1002 S Eddy St Pecos, TX.
What are key features of this property?
This property features: Single‑tenant net‑leased Family Dollar in Pecos, TX, operating at the location since 1994; Tenant recently exercised its 6th extended term with over 5 years remaining on the lease; Three additional 5‑year lease options remaining, each with 10% rental escalations
