Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners South Florida
$1,229,157
Dollar General - Big Spring TX
Details
APN 291592
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 9,026
Cap Rate 7%
NOI $86,041
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 06/30/2030
Remaining Term 3.9
Rent Bumps Yes
Lease Options 3 (5-Year)
Price per SqFt $136
Broker Co-Op Yes
Year Built 2015
Buildings 1
Stories 1
Acreage 2.380
Zoning HC – Heavy Commercial
Parking Spaces 30 spaces
Parking per 1,000 SqFt 3.32
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/01/2015
Ownership Fee Simple
Retail | 7.00% CAP | 9,026 SqFt
Investment highlights
10-Year Operating History | 4+ Years Remaining | Corporate Guaranteed | Options to Extend
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Fronting Interstate 20 | Surrounding Employers | Excellent Visibility & Access | Limited Competition
Local Demographics In 5-mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners South Florida
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$86,041.00
$7,170.08/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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Property History
Tax History
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