105 FM 116 | Gatesville, TX 76528
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105 FM 116
Gatesville, TX 76528
Dollar General · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2024 Development Dollar General With Absolute NNN Lease
- Gatesville has a Population Over 16,000 and is the County Seat of Coryell County
- Healthy Demographics for a Dollar Store, With 15,000+ Residents Within a 5-Mile Radius
- Attractive 5% Rental Increases Every 5 Years Throughout Primary Term, Blended Yield Over 7% During Primary Term
- Strong Corporate Guarantee by Dollar General Corporation, With an S&P Credit Rating of BBB
- Subject Property is Half a Mile Away From the Oaks Hospital and 1 Mile Away From Gatesville Municipal Airport
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
10,566 SF
Building Class
C
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.46 AC
Zoning
A1
Frontage
127’ on Farm to Market Road 116
PROPERTY TAXES
| Parcel Number | 115869 | Improvements Assessment | $1,364,980 |
| Land Assessment | $62,070 | Total Assessment | $1,427,050 |
PROPERTY TAXES
Parcel Number
115869
Land Assessment
$62,070
Improvements Assessment
$1,364,980
Total Assessment
$1,427,050
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