Family Dollar
201 Kent Street | Merkel, TX 79536, US
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property
description
The EngVest Group is pleased to present the opportunity to acquire the fee-simple interest in the Family Dollar located at 201 Kent Street, Merkel, TX 79536. This longstanding location has demonstrated nearly 30 years of operating success, underscoring the tenant's strong performance and continued commitment to the site. Backed by a solid corporate guarantee from Family Dollar Holdings, Inc., the asset operates under an NN lease structure with minimal landlord responsibilities, providing investors with stable, passive income in an essential and recession-resistant retail category. Priced below replacement cost and supported by consistent performance, essential-use demand, and remaining lease term with option periods, this offering provides investors with an attractive opportunity to secure dependable cash flow and long-term stability within the single-tenant net-lease market.
location
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Ideally positioned near the downtown area of Merkel, the property sits on a prominent corner along Kent Street—benefiting from excellent visibility and over 2, 820 vehicles per day. As one of only two national retailers in the entire town and one of just two dollar stores within an eight-mile radius, this Family Dollar serves as a critical retail anchor for the community, drawing a captive customer base with limited competition. Strong in-place sales and a healthy rent-to-sales ratio further reinforce the location's long-term viability.