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Family Dollar Grocery Store
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37 Elm Street, Gordonville, TX 04943

Freestanding, built-to-suit retail property supported by an existing double-net lease.

Property Size8,000 SF
Lot Size0.86 Acres
Days on Market145

Property Features for 37 Elm Street

General Information

Standard status Active
Size 8,000 SF
Lot size 0.86 Acres
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Horvath & Tremblay
Listed By: Bob Horvath · License #CT 756500
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 2:18PM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

This freestanding grocery and convenience store comprises 8,000 square feet on a 0.86-acre parcel. Developed as a built-to-suit property, the building is occupied by Family Dollar under a double-net lease with more than six years remaining on the original ten-year base term.

The lease was signed in September 2013 and includes seven five-year extension options. Contractual rent increases of 10% are scheduled at the start of each option period. The offering includes the fee simple interest, with a corporate guaranty identified for the tenant obligation. Family Dollar is the only national retail tenant identified within the surrounding town, and the property is described as facing limited retail and discount-goods competition.

Key Highlights

  • 8,000‑square‑foot freestanding built‑to‑suit store
  • 0.86‑acre parcel
  • More than six years remain on the original 10‑year double‑net lease

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Barber Shop Travel Agency Bed & Breakfast Department Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby
Balanced
Demand for This Use

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Freestanding, built-to-suit retail property supported by an existing double-net lease.
Where is this grocery and convenience store located?
The property is located at 37 Elm Street Gordonville, TX.
What are key features of this property?
This property features: 8,000‑square‑foot freestanding built‑to‑suit store; 0.86‑acre parcel; More than six years remain on the original 10‑year double‑net lease
More about this property
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