2865 Vly Vw Ln Farmers Branch, TX 75234-4926

This exceptional investment opportunity presents a fee-simple, 29,036 square foot Big Lots convenience store and grocery store in Farmers Branch, Texas. Located at 2865 Valley View Ln, 75234, this property boasts a 20-year absolute NNN lease with a corporate guarantee from Big Lots, Inc. (NYSE: BIG), ensuring consistent income with a 2% annual rent increase. The property sits on a 73,811 square foot lot and currently enjoys 100% occupancy, generating a strong net operating income (NOI) of $177,234, representing a 6.25% cap rate. The asking price is $2,835,751 ($97.66/sq ft). The property is offered as a 1031 exchange opportunity and is free and clear of debt. The strong demographics within a five-mile radius (over 333,000 population, average household income exceeding $93,000) further enhance the investment's appeal. The large lot size presents potential for future value-add opportunities, such as pad development, subject to tenant approval. This is a rare chance to acquire a well-positioned, high-performing retail asset with significant long-term growth potential.