409 S Main St - Freestanding FOR SALE


Henderson, TX 75654
$460,000 USD
469-916-8811
409 S Main St, Henderson, TX for Sale
$460,000 USD
Freestanding - FOR SALE
1/5
null | 7.74% Cap Rate

409 S Main St
Henderson, TX 75654


HIGHLIGHTS

  • Established Tenant with Over 40 Years of Operating History – 1½Years Remaining on Current Term Plus Additional Option Periods
  • Low Price Point – Priced Well Below Replacement Cost
  • Very Strong Sales and Healthy Rent to Sales Ratio – Reach out to Listing Agent for Details
  • The Only Dollar Store in Heart of Town - Strong Central Location near Henderson Commercial Historic District
  • One of Just Five Dollar Stores Within 10 Miles – Serves a Captive Customer Base
  • Excellent Visibility on Main Street that sees 6,620+ VPD with Excellent Access with Multiple Points of Ingress and Egress

OVERVIEW

The EngVest Group is pleased to present the opportunity to acquire the fee-simple interest in a Family Dollar located at 409 S Main Street, Henderson, TX 75654. This property offers investors the rare chance to own a well-established location with over 40 years of operating history, demonstrating the tenant’s long-term success and commitment to the site. Backed by a strong corporate guarantee from Family Dollar Holdings, Inc., this location operates under a NN lease structure with minimal landlord responsibilities, offering passive income in a stable and essential retail segment. Positioned in the heart of Henderson, this Family Dollar is the only dollar store in the central part of town, benefiting from a captive customer base and limited competition—only five dollar stores exist within a 10-mile radius. The site boasts excellent visibility along Main Street, which sees over 6,620 vehicles per day, and features convenient access for local residents. With a low price point below replacement cost, strong in-place sales, and a healthy rent-to-sales ratio, this investment offers secure, long-term upside supported by the property's essential use, recession resistance, and enduring retail demand.

FOR SALE DETAILS

PRICE

$460,000 USD

PRICE/SF

$40 USD /SF

CAP RATE

7.74%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

-

APN/PARCEL ID

8996

ASK ABOUT THIS PROPERTY

Austin CheExp Commercial of California, Inc.More Info
469-916-8811

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Austin CheExp Commercial of California, Inc.More Info
469-916-8811

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.