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Family Dollar [ REPRESENTATIVE PHOTO ] new absolute NNN relocation of existing store in houston mSA 201 W. Mulberry Street, Angleton, TX 77515 [ www.CapitalPacific.com ]

Family Dollar - Commercial Real Estate Investments ...cp.capitalpacific.com/Properties/Family-Dollar-Angleton...loCATed AT THe inTeRSeCTion oF W. MUlbeRRY ST & S. HAnCoCk ST, WiTH

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Family Dollar

[ REPRESENTATIVE PHOTO ]

new absolute NNN relocation of existing store in houston mSA201 W. Mulberry Street, Angleton, TX 77515

[ www.CapitalPacific.com ]

RenTAble SF . . . . . . . . . . . . . . . 9,180 SF

PRiCe PeR SF . . . . . . . . . . . . . . . $224

lAnd AReA . . . . . . . . . . . . . . . 1 .36 Acres

YeAR bUilT . . . . . . . . . . . . . . . 2015

CURRenT RenT . . . . . . . . . . . . $13 .98/SF

leASe eXPiRATion . . . . . . . . . 1/14/2031

PRICE: $2,053,216CAP: 6.25%

Listing TeamContact Info

Joe Caccamojcaccamo@capitalpacific .com | (415) 274-7394 CA BRE# 01191110

In conjunction with TX Licensed Broker:Steve Sieling, Azur Commercial Capital, LLC steve@azurcc .com | 214-888-8262

PROperty Summary

Capital Pacific collaborates . Click here to meet the rest of our San Francisco team .

BRAND NEW, ABSOLUTE NNN FAMILY DOLLAR WITH 15-YEAR PRIMARY TERM IN TAX-FREE HOUSTON, TEXAS MSA. RELOCATION OF EXISTING STORE IN MARKET

RENT ESTIMATED TO COMMENCE ON FEBRUARY 15, 2016

[ REPRESENTATIVE PHOTO ] Family Dollar | 2

loCATion HigHligHTS Site is located on the hard, SWC of West Mulberry Street (State Route 35) and South

Hancock Street, just off State Route 274 in Downtown Angleton, TX . Angleton is approximately 43 miles from Houston and is the County Seat of Brazoria County .

There are more than 20,000 people within a 3-mile radius of the subject location with average household incomes exceeding $65,000 .

W . Mulberry is a primary East-West commercial arterial through Angleton, linking Highway 288 to downtown Angleton . State Route 274 is the primary North-South

corridor through town . Tenants in close proximity include Walgreens, CVS, O’Reilly Auto Parts, HEB, Wells Fargo Bank, Autozone, and numerous fast food restaurants, banks and

other services .

leASe HigHligHTSLease is NNN: zero landlord responsibilities

Lease features 10% rental escalations every 5 years starting in year 10 of the primary term and at the start of each of six (6) five-year options, if exercised

20,000 Residents within a 3-mile radius with average household incomes exceeding $65,000

core characteristics

[ REPRESENTATIVE PHOTO ]Family Dollar | 3

loCATed AT THe inTeRSeCTion oF W. MUlbeRRY ST & S. HAnCoCk ST, WiTH TRAFFiC CoUnTS eXCeeding 24,100 VPd

aerial

n Velasco Street

Anchor Road

e Mulb

erry

Stre

et

W Mulberry Street S Hancock Street

e Cedar Street

288

288

288

274

3535

35

northside School

early Childhood Campus

Westside elementary

houston • 45 mi

288

Austin • 180 mi

71

9,800 DAiLY

13,300 DA

iLY

Former store - cLosing upon

openng oF subject LocAtion

13,300 DA

iLY

Family Dollar | 4

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

income & expense

PRICE $2,053,216

Price Per Square Foot: $223 .66

Capitalization Rate: 6 .25%

Total Rentable Area (SF): 9,180

Lot Size (Acres): 1 .36

STABILIZED INCOME Per Square Foot

Scheduled Rent $13 .98 $128,326

LESS Per Square Foot

Taxes NNN $0 .00

Insurance NNN $0 .00

Structural Reserves NNN $0 .00

EQUALS NET OPERATING INCOME $128,326

[ REPRESENTATIVE PHOTO ]

Family Dollar | 5

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

rent roll

TenAnT inFo leASe TeRMS RenT SUMMARY

Tenant Name Sq. Ft. Term Current Rent

Monthly Rent

Yearly Rent

Monthly Rent/FT

Yearly Rent/FT

Family Dollar - Angleton, TX 9,180 1/15/16 1/14/26 $10,694 $128,326 $1 .16 $13 .98

1/15/26 1/14/31 $11,763 $141,158 $1 .28 $15 .38

Option 1 1/15/31 1/14/36 $12,940 $155,274 $1 .41 $16 .91

Option 2 1/15/36 1/14/41 $14,234 $170,802 $1 .55 $18 .61

Option 3 1/15/41 1/14/46 $15,657 $187,882 $1 .71 $20 .47

Option 4 1/15/46 1/14/51 $17,223 $206,670 $1 .88 $22 .51

Option 5 1/15/51 1/14/56 $18,945 $227,337 $2 .06 $24 .76

Option 6 1/15/56 1/14/61/ $20,839 $250,071 $2 .27 $27 .24

Totals: 9,180 $128,326 $10,694 $128,326 $10,693.83 $13.98

[ REPRESENTATIVE PHOTO ]

Family Dollar | 6

SiTe PlAn keY

PARCEL OuTLINE:

LAND AREA: 1 .30 AC

BuILDINg AREA: 9,180 SF

INgRESS/EgRESS:

9,800 dAilY

site plan

W orange Street

Hanc

ock

Stre

et

W Mulberry Street

illUMinATed PYlon Sign

274

13,300 dA

ilY

Family Dollar | 7

AboUT FAMilY dollARWith over 8,100 stores in 46 states and the District of Columbia, Family Dollar is the nation’s second largest dollar store . The company also operates nine distribution centers that are each over 900,000 SF .

Family Dollar targets women shopping for a family earning less than $40,000 a year . Consumables (food, health, beauty aids, and household items) account for about two-thirds of sales . Family Dollar also sells apparel, shoes, and linens .

Family Dollar stores are low-format and are located in low and middle-income rural and urban areas . Most goods and groceries (national brands, Family Dollar private labels, and unbranded items) are sold at a variety of discounted prices, the majority of which are under $10 .

For the fiscal year ending August, 2014, sales were $10 .49 billion, net income was $284 million, and net worth was $1 .67 billion .

In July, 2015, Family Dollar was acquired by, and became a wholly-owned subsidiary of, Dollar Tree, Inc (Dollar Tree does not guarantee this lease) .

The combined Dollar Tree-Family Dollar entity is now the largest discounter in North America with over 13,000 stores in 48 states and Canada with annual sales over $19 billion . Both brands will continue to operate separately .

eMPloYeeS 50,000

2014 SAleS $10.49 BILLION

nUMbeR oF loCATionS 8,100

www.familydollar.com

tenant overview

[ REPRESENTATIVE PHOTO ][ REPRESENTATIVE PHOTO ]

Family Dollar | 8

HOuSTON

46 MIN43 MILES

ANgLETON

houston • 45 mi

288

Austin • 180 mi

71

WALMART

WALMART

DOWNTOWN ANgLETON

6 MIN1 .5 MILES

regional map

AngleTon iS loCATed 43 MileS SoUTH oF HoUSTon And 12 MileS noRTH FRoM THe gUlF CoAST

13 MIN9 MILES

Family Dollar | 9

AboUT AngleTon

Angleton is the seat of Brazoria County, Texas, within the Houston-Sugar Land-Baytown MSA (the sixth largest metropolitan area in the united States) . It lies at the intersection of State Highway 288, State Highway 35, and the union Pacific Railroad .

The population of Angleton is around 18,000 . The population of Brazoria county is 313,166 while the population of the Houston-Sugar Land-Baytown metropolitan population is 5,946,800 .

As the county seat, Angleton hosts Texas’ largest county fair, the Brazoria County Fair, every October .

Angleton is located 43 miles from Houston to the north and 12 miles from the gulf Coast to the South . The small town of Angleton also has the conveniences of the big city . It boasts a thriving community with an excellent school system, low crime rate, affordable housing, recreational parks, and museums .

2015 househoLD incomes

popuLAtion

EmployerAngleton I .S .D . Benchmark Electronics uTMB Health - Angleton Danbury City of Angleton

top empLoYers in AngLeton

1-Mile 3-Mile 5-Mile

2010 6,269 20,700 22,7792015 6,310 21,311 23,5832020 6,473 22,387 24,837

1-Mile 3-Mile 5-Mile

Average $59,084 $65,548 $67,092Median $52,016 $54,973 $56,675

location & demographics

[ REPRESENTATIVE PHOTO ]

Family Dollar | 10

A unique HUMANRESULTS-DRIVEN client experience

THe CAPiTAl PACiFiC eXPeRienCe - oUR dAilY CoMMiTMenT To oUR ClienTS

[ www.CapitalPacific.com ]

In conjunction with TX Licensed Broker: Steve Sieling, Azur Commercial Capital, LLC | steve@azurcc .com | 214-888-8262

[ Copyright © 2015 Capital Pacific LLC ]

Capital Pacific collaborates . Click here to meet the rest of our San Francisco team .

dAVe lUCAS

RiCk SAnneR

ZAndY SMiTH

JACk nAVARRA

JoHn AndReini

bob SAnneR

gRegg STeele

kARlA ZenS

Joe CACCAMojcaccamo@capitalpacific .com | (415) 274-7394 CA BRE# 01191110

Zeb RiPPlezripple@capitalpacific .com | (415) 274-2702 CA BRE# 01242540

CHRiS koSTAneCkick@capitalpacific .com | (415) 274-2701 CA BRE# 01002010

CHRiS PeTeRScpeters@capitalpacific .com | (415) 274-2703 CA BRE# 01339983

[ REPRESENTATIVE PHOTO ]