Property summary
This exceptional investment opportunity presents a 9,212 square foot Family Dollar, operating under an absolute NNN lease with a remaining term of three years and six five-year renewal options, each with a 10% rent increase. Located in Killeen, Texas, on a 1.344-acre lot at 4802 Bridgewood Dr, 76549, this single-tenant property boasts a 7.75% cap rate and a strong NOI of $124,142. The property benefits from a high-traffic location, with 29,015 cars passing daily on W Stan Schlueter Loop, and is situated less than half a mile from a Walmart. Its proximity to Fort Cavazos (formerly Fort Hood), the third-largest US military base, ensures a substantial and stable customer base. The surrounding area demonstrates robust demographics, with a total population of 129,276 within a five-mile radius and an average household income of $94,299 within one mile. Built in 2014, this well-maintained property is zoned C and offers excellent visibility and accessibility. The Family Dollar tenant, part of the Fortune 200 company Dollar Tree (NASDAQ: DLTR), recently renewed their lease, demonstrating their commitment to the location and its strong performance. This is a rare opportunity to acquire a stable, high-performing retail investment with significant upside potential.
Property profile
VerifiedCap rate & NOI
Current use
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Discount Store
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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