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403 Glenwood blvd
Tyler, TX 75702

$1,509,665 USD

Freestanding For Sale  •  8,320 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 8,320 SF
  • Lot Size 2.29 AC
  • Building Class C
  • Year Built 2016
  • Cap Rate 7.75 %
40 Walk Score

Highlights

Zero landlord responsibilities, ensuring truly passive ownership.
Family Dollar Stores, Inc. operates 7,150+ locations across 49 states, providing strong credit backing.
10% increase scheduled for October 2026, with additional increases every 5 years in option periods.
Exposure to 34,000+ vehicles per day, delivering excellent visibility and access.
Immediate proximity to established neighborhoods supports consistent customer traffic.
No state income tax, enhancing after-tax investor returns.
Cap Rate: 7.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Family Dollar 8,320 SF 9/30/2031
Cayson Willeford Sands Investment Group Austin, LLC
Cayson Willeford Sands Investment Group Austin, LLC