Historical Retail Sale Listing - Dollar General

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Dollar General

3515 Nederland Ave, Nederland, TX 77627

N/A

7,760 SF | Retail

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Retail Property - Off Market

Price:
N/A
Gross Leasable Area:
7,760 SF
Property Type:
Retail
Property Sub-type:
Strip Center
Property Use Type:
Net Lease Investment with
less than 1 year left on
lease
Cap Rate:
8.65%
Tenancy:
Multiple
Listing ID
17447436
Last Updated
over 1 year ago

Description

- NEW LEASE RENEWAL: New Dollar General 3 year lease renewal
- STRONG STORE SALES: Store sales at this location are significantly above the Dollar General' s corporate
average. In 2010-11 the sales ($1,875,000) were more than 20% above the average
- NN+ LEASE: Tenant responsible for insurance, property taxes, $996/year for grounds work and every
repair that costs $1,000 or less
- Excellent access and visibility from Nederland Avenue
- Excellent Pylon sign

- RECENT IMPROVEMENTS:
o New HVAC units 2008
o Concrete slab repair (hurricane damage) 2010
o New fence at rear edge of property per code 2011
o Re-striped parking area 2007

Map of 3515 Nederland Ave, Nederland, TX 77627 (Jefferson County)

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