Family Dollar Investment
7750 9th Ave, Port Arthur, TX 77642
Retail property fully occupied by Family Dollar in Port Arthur.
Type:Retail
Property size:
8,320 SFLot size:
2.00 AcresPrice / SF:
$183/SF- Added:
- Feb 19, 2026
- Days on Market:
- 126
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 7750 9th Ave
General Information
- Standard status
- Active
- Size
- 8,320 SF
- Lot size
- 2.00 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2020
Listing office MMG Real Estate Advisors
Listing date Feb 19, 2026
Source Crexi
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 MMG Real Estate Advisors
HighLights
- Long‑term lease with Family Dollar, expiring September 30, 2028, with six 5‑year renewal options.
- Attractive 7.28% cap rate based on a Net Operating Income (NOI) of $111,055.
- NN+ (triple net) lease structure, with Family Dollar covering most operational costs.
- Property is fully occupied by Family Dollar.
- 5% rent increase during each 5‑year renewal period.
- Built and remodeled in 2020, ensuring the property is in excellent condition.
Overview
This investment opportunity features an 8,320-square-foot retail property fully occupied by Family Dollar, located at 7750 9th Ave, Port Arthur, TX. The property is positioned on a 2-acre lot and includes 26 regular parking spaces and 2 handicap spaces. Constructed and remodeled in 2020, the building is in excellent condition. The zoning is LC (Local Commercial), supporting its retail use. The property is under a NN+ (triple net) lease agreement, where Family Dollar covers most operational costs, while the landlord is responsible for the roof, structure, and parking. The lease commenced on August 1, 2020, and expires on September 30, 2028, with six additional 5-year renewal options, each including a 5% rent increase. The lease term remaining is 32 years. The property offers a strong opportunity for long-term income generation.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $200.7k | $24.12 |
| − Vacancy | −$10.8k | −$1.30 |
| EGI | $189.8k | $22.82 |
| − OpEx | −$57.0k | −$6.85 |
| NOI | $132.9k | $15.97 |
8,320 SF · lease $24.12/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.90M
$1.66M – $2.21M
NOI $132,889 @ 7.0% cap · market cap 8.71%
Second Best
Specialty Retail
$1.68M
$1.47M – $1.96M
NOI $117,547 @ 7.0% cap · market cap 7.71%
Theoretical Best
Multifamily LT 5
$93.48M
$81.79M – $109.06M
NOI $6,543,509 @ 7.0% cap · market cap 429.08%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar Places Nearby
- La Viva Carniceria,Supermarket,washateria — 1049 Stadium Rd, Port Arthur, TX 77642
Location Insight
- Map
- Local Demand
- City
- Port Arthur
- County
- Jefferson
- State
- Texas
- Longitude
- -93.974841
- Latitude
- 29.947126
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - Retail property fully occupied by Family Dollar in Port Arthur.
Where is this grocery and convenience store located?
The property is located at 7750 9th Ave Port Arthur, TX.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: Long‑term lease with Family Dollar, expiring September 30, 2028, with six 5‑year renewal options.; Attractive 7.28% cap rate based on a Net Operating Income (NOI) of $111,055.; NN+ (triple net) lease structure, with Family Dollar covering most operational costs.
