1001 Main St Quanah, TX 79252-5533
This exceptional investment opportunity presents a fee-simple, single-tenant, net-leased convenience store/grocery store in Quanah, Texas. The property, a 8,015 square foot building constructed in 2018, is 100% occupied by a Family Dollar store under a corporate guarantee. The lease, with a remaining term of approximately 3.4 years, expires March 31, 2028. The property boasts a strong 9.00% cap rate and a NOI of $77,500, with a price per square foot of $107.42. Located at 1001 S Main St, Quanah, TX 79252, this strategically positioned property sits on a 0.8-acre lot at a signalized intersection with over 16,000 cars passing daily. The building benefits from a transferable roof warranty and limited landlord responsibilities (roof and structure only). The tenant, Family Dollar, is a major corporation with over 8,000 locations and $10+ billion in annual revenue, providing significant financial stability. The property's proximity to Quanah High School (300+ students) and Hardeman County Memorial Hospital (Level IV Trauma Center) further enhances its desirability and long-term potential. This is a rare opportunity to acquire a high-yield, low-risk investment in a stable market with minimal competition. The asking price is $861,000.
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Family Dollar Discount Store
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Redbox Cinema (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.