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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27299794

6800 US-67, Cookville, TX 75558

JB
TX 688810
Matthews
PG
TX 9005919, TX 528005
Matthews
Listed by Matthews
$1,463,438
241 days on market
Updated 83 days ago

Family Dollar | Cookville, TX | 8% Cap Rate

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 10,500
Cap Rate 8%
NOI $117,075
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree (+1)
Lease Type NN+
Lease Term 10.1
Lease Expiration 10/30/2033
Remaining Term 7.4
Rent Bumps Yes
Lease Options Four, 5-Year Options
Year Built 2023
Buildings 1
Stories 1
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 10/11/2023

Average household income of $76,753

Investment highlights

LEASE AND LOCATION

  • 2023 build to suit for Family Dollar

  • ±8 years remaining on an initial 10-year lease

  • Corporately guaranteed lease

  • Rent increases of $5,250 ($0.50 / SF) in all four, 5-year options

  • The subject property comes with a 20-year roof warranty

  • Average household income of $76,753 annually within a 10-mile radius


TENANT HIGHLIGHTS

  • Family Dollar, a major national discount retailer with more than 8,000 stores across 48 states, has been acquired for roughly $1 billion by Brigade Capital Management, Macellum Capital Management, and Arkhouse Management Co.

  • Now operating as an independent company, Family Dollar benefits from both fresh capital and significant retail expertise. This backing is expected to accelerate store upgrades and drive operational improvements. With its proven value-focused model and strong presence in local communities, Family Dollar continues to serve as a resilient anchor tenant, positioned for sustained growth in the years ahead.

Listing Contacts

JB
TX 688810
Matthews
PG
TX 9005919, TX 528005
Matthews
Listed by Matthews

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$117,075.00
$9,756.25/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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Additional Information

Name
Patrick Graham
License
528005, 9005919 (TX)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
2699 Howell St., Suite 400, Dallas, TX 75204
Name
Josh Bishop
License
688810
Name
Patrick Graham
License
9005919
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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