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Dollar Tree

8300 FM78 Road, Converse, TX 78109

$2,360,000

17,500 SF | Retail

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Retail Property For Sale

Price:
$2,360,000
Building Size:
17,500 SF
Price/SF:
$134.86
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with
5 years left on lease
Cap Rate:
7.04%
Tenancy:
Single
Lot Size:
1.63 AC
Listing ID
18821507
Last Updated
1 day ago

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Description

The property is a 17,500 +/- square foot free standing building on a 1.63 acre parcel and is ideally located at the intersection of FM 78 and Venture Way in Converse, Texas (San Antonio MSA). The property is leased to Dollar Tree, which is one of the strongest discount stores located in North America. In 2012, Dollar Tree opened another 345 new stores and exceeded $7 billion dollars in sales, with an end-of-the-year market cap of $9.13 billion.

This Dollar Tree is located across the street from a Walmart Supercenter. Other surrounding tenants include, Starbucks, Walgreens, Long John Silvers, Chili' s and a Wendy' s. It is located on Seguin Road which is one of the busiest roads in Bexar County. The Dollar Tree is located in a strong retail corridor with street presence, easy ingress/egress and ample parking.

Financial Summary

  • Actual
  • $166,185

Map of 8300 FM78 Road, Converse, TX 78109 (Bexar County)

Research for 8300 FM78 Road, Converse, TX 78109 (Bexar County)

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Presented by Coldwell Banker Commercial Jenkins & Associates
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Asking Price Index Trends for Converse, TX Retail For Sale

  Sep 14 vs. 3 mo.
prior
Y-O-Y
-
State
$134+1.5%+6.8%
-
Metro
$146+1.4%+4.7%
-
County
$157+3.3%+5.8%

View Converse Market Trends for other property types for sale or lease. Learn more about the chart info.

Dollar Tree
  • Retail
  • $2,360,000
  • 17,500 SF