Listed by Burns Commercial Properties
$960,000
Former Family Dollar on NNW Loop 323
Details
APN 1-50000-1262-00-015010
Property Type Retail
Sub Type Storefront, Freestanding
Square Footage 8,000
Units 1
Cap Rate 7.04%
NOI $67,584
Brand/Tenant Family Dollar
Lease Type NNN
Price per SqFt $120
Year Built 2003
Buildings 1
Stories 1
Acreage 1.228
Zoning C-1
Investment Type Stabilized
Retail | 7.04% CAP | 8,000 SqFt
Marketing description
Burns Commercial Properties is pleased to present the opportunity to acquire a Family Dollar store in Tyler, TX. The subject property has been vacated by Family Dollar, but has over 4 years remaining on the NNN lease term. Over 27,000 VPD on a very busy loop 323 in Tyler.
Investment highlights
4+ years remaining on NNN lease with Family Dollar
New 7/11 built next door
Tyler High School nearby
High visibility
Strong built in customer base - Numerous residential neighborhoods and schools surrounding the subject propert
Listing Contacts
Listed by Burns Commercial Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$67,584.00
$5,632.00/mo
Valuation Metrics
0
DSCR
7.04%
Cap Rate
7.04%
ROI
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