Family Dollar

409 S Main St, Henderson, TX 75654

  • For Sale $460,000
  • Property Type Retail - Freestanding
  • Property Size 11,397 SF
  • Lot Size 47,899 Acre
  • Year Built 1964
  • Date Updated Apr 28, 2025
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.• Established Tenant with Over 40 Years of Operating History – 1½Years Remaining on Current Term Plus Additional Option Periods • Strong Corporate Guarantee by Family Dollar Holdings Inc. • Low Price Point – Priced Well Below Replacement Cost • Very Strong Sales and Healthy Rent to Sales Ratio – Reach out to Listing Agent for Details • Essential Use – Pandemic, Internet, and Recession Resistant • Fee-Simple NN Lease – with Minimal Landlord Responsibilities • 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 EgressThe 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.
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Contacts

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eXp Commercial

Location

Getting Around

  • Walk Score ®

    49/100 Car-Dependent
  • Bike Score ®

    41/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Henderson, TX
  • Zip Code 75654

Points of Interest

  • Tesla Supercharger

    0.71 miles

  • Shell

    0.76 miles

  • Taco Bell

    0.67 miles

  • Denny's

    0.73 miles

  • Chicken Express

    0.81 miles

  • Jalapeno Tree

    0.93 miles

  • Tia Juanita's Fish Camp

    0.96 miles

  • Whataburger

    1.12 miles

  • Sonic

    1.18 miles

  • McDonald's

    1.21 miles

  • Panda Express

    1.24 miles

  • Subway

    1.28 miles

  • Walmart Supercenter

    1.31 miles

  • Kroger

    1.49 miles

Frequently Asked Questions

How much does Family Dollar cost?

The space currently listed for sale at Family Dollar asks for $460,000.

What is the total square footage of Family Dollar?

Family Dollar totals 11,397 square feet.

When was this property built?

Family Dollar was built in 1964.

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Contact Listing Broker
broker

eXp Commercial

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