Family Dollar El Paso, TX

12020 Montana Ave
El Paso, TX

Price: $1,008,333
Cap Rate: 6.00%
NOI: $60,500
Building Size: Approx. 8,000 Sq. Ft.
Lot Size: Approx. 0.67 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2002

Investment Overview

  • 2008 Construction. 8,000+/- SF Building on 0.67 +/- Acre Site
  • Strong Corporate Guarantee on Lease  |  Tenant has Been on Site Since 2002
  • Subject Property is Situated Along Pass Montana Ave (32K VPD)
  • Building is Tilt Up Concrete Construction & Easily Expandable on the Rear
  • Dollar Tree Acquired Family Dollar Making Them the 2nd Largest Discount Retailer
  • ​Family Dollar Has a Strong Investment Grade Credit Rating (BBB)
  • El Paso  |  Largest City on the U.S./Mexico Border  |  Population: 687,000+