608 Pan American Dr Livingston, TX 77351

This 8,400 square foot Family Dollar store in Livingston, Texas, presents a compelling investment opportunity. Located at 608 Pan American Dr, 77351, this single-tenant, gross lease property boasts a strong 7.00% cap rate and 100% occupancy. Built in 2010, the property sits on a 0.48-acre lot and offers ample parking (4.6 spaces per 1,000 sq ft). The asking price is $900,000, translating to $107.14 per square foot. The lease has 3 years remaining. This location benefits from high visibility, situated in a 66,000 square foot shopping center anchored by Boot Barn, and enjoys significant traffic volume (nearly 30,000 vehicles per day) at a major intersection. The tenant, Family Dollar, is an institutional-grade tenant with a strong financial profile (S&P credit rating of BBB, $24.65B market capitalization, and $30.6B in fiscal year 2023 consolidated net sales). This property is a prime example of a stable, high-return retail investment. The property is a single building within a larger shopping center. The property type is retail, specifically categorized as a grocery store, shopping center, and storefront.