Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present the opportunity to acquire the recently redeveloped Dollar Tree / Family Dollar / AutoZone (the “Property”), a prominent retail center located in Whitehouse (Tyler), TX. The 24,000 square foot Property is 100% leased and benefits from a rent roll bolstered by investment grade, pandemic-resistant tenants with a weighted average rent of $8.94 PSF and a weighted average remaining lease term of 6.30 years. Located within the Tyler, Texas MSA (Population 238,813), the Property has a highly visible location along North State Highway 110 (15,540 VPD) and has direct access to a growing population of high-income households. Whitehouse Retail Center offers investors the opportunity to acquire a Family Dollar, Dollar Tree and AutoZone anchored retail center with a secure income stream located in Tyler, TX MSA.
- Durable cash flow from national, investment-grade tenant roster
- High growth, affluent surrounding demographics ($92,000 Avg. HH income)
- Recently redeveloped Family Dollar and Dollar Tree spaces
- Located along major Tyler MSA north/south thoroughfare (+15,000 VPD)
- 6.30 year WALT with 20-year operating history from AutoZone