Family Dollar NNN
For Sale
Contact for pricing
Pending
939 W Wilks Street, Pampa, TX 79065
Freestanding single-tenant retail building with a net lease and corporate lease guarantee.
Property SizeContact for details
Days on Market44
Property Features for 939 W Wilks Street
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Corner Location
Yes
Traffic Count
17,400 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
Patrick R. Luther, CCIM · License #01912215
(480) 221-4221
Source:
Crexi
Added: Jul 21
Changed: Aug 31
Last Checked: Sep 1 at 7:20PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This freestanding retail property is occupied by Family Dollar Stores of Texas, LLC under a net lease. The building was newly constructed as a replacement for an earlier nearby store, which was undersized for local demand. The lease commenced in January 2016 for an initial 10-year term and includes 10% rental increases during five-year option periods.
The property occupies the northwest corner of W. Wilks Street and S. Hobart Street in Pampa, at a signalized intersection carrying 17,400 vehicles per day. Nearby retail includes CVS, Bealls, Rent-A-Center, and Pizza Hut, while Pampa Mall provides 220,000 SF of additional shopping space.
Within five miles, the trade area includes more than 19,700 residents with an average household income of $60,539, along with more than 24,000 employees. The investment includes the fee simple interest in both the land and building, with a corporate-guaranteed lease.
The property occupies the northwest corner of W. Wilks Street and S. Hobart Street in Pampa, at a signalized intersection carrying 17,400 vehicles per day. Nearby retail includes CVS, Bealls, Rent-A-Center, and Pizza Hut, while Pampa Mall provides 220,000 SF of additional shopping space.
Within five miles, the trade area includes more than 19,700 residents with an average household income of $60,539, along with more than 24,000 employees. The investment includes the fee simple interest in both the land and building, with a corporate-guaranteed lease.
Key Highlights
- Newly constructed, freestanding Family Dollar retail building
- Corporate‑guaranteed net lease commenced January 2016 with a 10‑year initial term
- 10% rental increases during five‑year option periods
Property Analytics
Current Use
Lease Details
17,400 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
237
Businesses Nearby
Explore this area
Business Placement
Demographics for 79065, TX
19,750
Population
9,114
Households
2.2
Avg Household Size
39
Median Age
16%
College-Educated
84%
High-School Grad
506.5 sq mi
ZIP Area
39
Density / Sq Mi
$55,940
Median Household Income
$35,061
Median Earnings
$897
Median Rent
$105,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding single-tenant retail building with a net lease and corporate lease guarantee.
Where is this nnn property located?
The property is located at 939 W Wilks Street Pampa, TX.
What are key features of this property?
This property features: Newly constructed, freestanding Family Dollar retail building; Corporate‑guaranteed net lease commenced January 2016 with a 10‑year initial term; 10% rental increases during five‑year option periods
