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4940 S FARM-TO-MARKET 565 RD Baytown TX 77523

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Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Building SqFt 9,100
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Year Built 2015
Sale NOI ******
Sale Cap Rate ******
Lease Type ******
Lease Term ******
Remaining Term ******
Lease Expiration ******
Days on Market ******
Latitude 29.8019
Longitude -94.8445

Property History

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Property Type
Property Type
Retail
Property Subtype
Convenience Store, Grocery Store, Pharmacy/Drug
Asking Details
Asking Cap Rate
******
Investment Highlights

LEASE & LOCATION:

  • 2015 build-to-suit construction for Dollar General

  • Absolute NNN Lease - Zero Landlord Responsibilities

  • Texas is an income tax-free state

  • Corporately guaranteed lease from Dollar General Corporation

  • 5 mile population in excess of 70,416 residents

  • Extremely strong average household income of $115,805 annually

  • Subject property is located just 36 miles from downtown Houston

  • Nearby national tenants include HEB, Whataburger, Burger King, Popeyes, McDonalds, Chick Fil A, and many more

TENANT:

  • Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future

  • Dollar General boasts an investment-grade credit rating of BBB (S&P)

  • Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic

  • Dollar General has a Market Cap of over 25 Billion

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Sold on
 BY:
WW
Wyatt Wagner PRO
•••.•••.7988
•••••.••gner@••••••••.com
Brokerage logo
Sold on
 BY:
SL
Scotty Latimer PRO
•••.•••.6166
••••••.•••imer@••••••••.com
Brokerage logo

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