Marcus & Millichap is proud to offer for sale fee simple ownership of the recently upgraded and renovated Family Dollar located along Acton Highway in Granbury, TX. Family Dollar has continuously operated at this location for over 20 years and recently executed a fresh 8-year extension. In 2024, the tenant completed a thorough interior remodel of the store, and the parking lot was also striped and sealed offering zero near term expenses for a new landlord. The lease now expires December 31st, 2031, and offers 10% rent increases at each of the remaining two options.
Granbury, TX is the county seat of Hood County and located 35 miles Southwest of Fort Worth. Granbury is home to 12,600 residents and in the last 5 years has experienced a 14% increase in population. CoStar projects continued growth with a projected 19% population increase over the next 5 years. New development has continued in Granbury with recent residential projects: Abe’s Landing (200 Homes) and Sandstone Estates (105 Homes - DR Horton). The Crossing at Lake Granbury is currently under development and will be a new 50-acre mixed use development that will include retail, restaurants, medical and professional office, senior housing, apartments and hospitality. The subject property sits adjacent to Sonic Drive-In and near Acton Elementary School, Cornerstone Academy and The Residence at Legacy Park (Senior Living).