Historical Retail Sale Listing - Dollar General - over $1.45 Million in Sales

Retail For Sale

This Retail property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Retail For Sale, Blue Ridge, TX or Texas

Dollar General - over $1.45 Million in Sales

405 Ridgeway Drive, Blue Ridge, TX 75424

N/A

9,100 SF | Retail

  • Print

Retail Property - Off Market

Price:
N/A
Building Size:
9,100 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with
7 years left on lease
Cap Rate:
8.30%
Tenancy:
Single
Year Built:
2005
Lot Size:
2.73 AC
Listing ID
18235263
Last Updated
353 days ago

Highlights

  • Proven Location Renewed Lease Early
  • Strong Sales no Percentage (%) Rent over $1.45 million in sales in 2012
  • 9,100 SF Larger Store Format
  • Parking Lot Resurfaced & Restriped
  • HVAC Two new Units purchased in April 2013
  • Corporate Guaranteed ($14.80 Billion Sale/ $3.3 Billion Net Worth approximately)

Description

See Offering Memorandum for download.

The Dollar General #7515 - is a proven location. The Dollar General property is a 9,100 Square Foot property built in 2005. The rent is a double net lease offered at an 8.30% Cap Rate. Minimal maintenance is required with 10% increases during the five, five-year options.

Dollar General - Investment Grade - S&P BBB - Rating

The property is located at 405 Ridgeway Drive in Blue Ridge TX. The property is located on State Hwy 78 - a major thoroughfare to and from Famersville, TX and onto Dallas, TX.

Blue Ridge, TX Blue Ridge is a suburb of Dallas Fort Worth just 35 miles northwest of Dallas, TX MSA.

Map of 405 Ridgeway Drive, Blue Ridge, TX 75424 (Collin County)

Research for 405 Ridgeway Drive, Blue Ridge, TX 75424 (Collin County)

  • Demographics – Population, income & other demographics near 405 Ridgeway Drive
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building