Family Dollar
- $1,600,000
Property Highlights
- Store Sales Continue to Improve: Sales are up, 21%+ growth since 2021.
- Nearly Twenty Years of Successful Operations: Family Dollar has run this store since 2005. It already renewed once, a sign the location works for them.
- Backed by Dollar Tree, Inc.: Family Dollar is owned by Dollar Tree, one of North America’s largest discount retailers: 16,000+ stores, a recognized brand, millions of customers served.
- Necessity-Based Retail: Family Dollar sells what people need regardless of the economy, household goods, cleaning supplies, health and beauty, food, seasonal items, pet supplies, general merchandise. That’s why necessity retail tends to hold up well.
- Established East Las Vegas Location: Thousands of households already surround this site. The store has served this community for almost 20 years and sales keep climbing.
- Excellent Visibility: Fronts North Lamb Boulevard with strong daily traffic, easy access, an established retail corridor, and dense residential surroundings.
- High Barriers to Entry: A comparable freestanding retail building would cost more and take longer to build today. As replacement costs rise, so does this property’s value.
- Tenant Commitment: Nearly 20 years in place, a renewal already exercised, ongoing investment, and rising sales, all signs this store is performing well for Family Dollar.
Property Documents
OM - 850 N Lamb Blvd - Family Dollar
Details
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Price $1,600,000
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Year Built 2005
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Property Type Single Tenant
Additional Details
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Cap Rate 7.00%
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Price/SF $200
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APN 140-30-701-013
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Rentable Area 8,000 SF
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Lot Size 0.8 AC
Address
Open on Google Maps-
Address: 850 N Lamb Blvd
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City: Las Vegas
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State/county: Nevada
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Zip/Postal Code: 89110
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