Family Dollar Storefront with Corporate
205 SW 2nd St Tulia, TX 79088
New
For Sale
$887,000
Single-tenant Family Dollar storefront with corporate-guaranty lease and three remaining five-year option periods.
Days on Market2
Property Features for 205 SW 2nd St
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 2008
Properties For Sale
at 205 SW 2nd St Contact us
Listing Agency:
(703) 434-2599
Listed By:
Patrick Nutt · License #FL SL3257920
(703) 434-2599
Source:
Srsre
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 24 at 4:34AM
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 Patrick Nutt
Investment Insights
Based on property information with market context.
This single-tenant retail storefront is currently occupied by Family Dollar, which has operated at the location for more than 17 years. The lease is supported by a corporate guaranty from Family Dollar Stores of Texas, LLC, and includes three remaining five-year option periods. At the beginning of each option period, rental increases are 10%.
The property is positioned on SW 2nd Street, which averages more than 4,000 vehicles per day, with access points off both SW 2nd Street and South Armstrong Avenue. It is also near Interstate 27, which averages over 9,200 vehicles per day, providing direct access for travelers. Surrounding retailers include McDonald’s, Sonic, Pizza Hut, Love’s, and Napa Auto Parts.
Under the lease, the tenant reimburses for taxes and is responsible for utilities, insurance, and most aspects of the premises. Landlord responsibilities are limited to the roof and structure, along with replacement of the parking lot.
The property is positioned on SW 2nd Street, which averages more than 4,000 vehicles per day, with access points off both SW 2nd Street and South Armstrong Avenue. It is also near Interstate 27, which averages over 9,200 vehicles per day, providing direct access for travelers. Surrounding retailers include McDonald’s, Sonic, Pizza Hut, Love’s, and Napa Auto Parts.
Under the lease, the tenant reimburses for taxes and is responsible for utilities, insurance, and most aspects of the premises. Landlord responsibilities are limited to the roof and structure, along with replacement of the parking lot.
Key Highlights
- Single‑tenant Family Dollar storefront built in 2008 with corporate guaranty from Family Dollar Stores of Texas, LLC
- Lease has three (5‑year) option periods remaining for the tenant to exercise
- 10% rental increases apply at the beginning of each option period
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Storefront property - Single-tenant Family Dollar storefront with corporate-guaranty lease and three remaining five-year option periods.
Where is this storefront property located?
The property is located at 205 SW 2nd St Tulia, TX.
What is the asking price?
The asking price for this property is $887,000.
What are key features of this property?
This property features: Single‑tenant Family Dollar storefront built in 2008 with corporate guaranty from Family Dollar Stores of Texas, LLC; Lease has three (5‑year) option periods remaining for the tenant to exercise; 10% rental increases apply at the beginning of each option period
