11478 Fm 751
Wills Point, TX 75169
Dollar General | Abs. NNN | 6.05% Cap · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- ± 8.5-Years remaining on the base term of an initial 15-year lease
- Extremely strong corporate guarantee from Dollar General Corporation (S&P rated: BBB)
- Three, 5-Year extension options, all of which include an extremely attractive 10% rent increase
- Absolute NNN Lease – zero management responsibilities provide for a completely hands-off investment
- Rare 3% rent increase in the base term of the lease
- Wills Point is located approximately 1-hour from DFW and is known as the Gateway to East Texas
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,384 SF
Building Class
C
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.18 AC
Zoning
F1-Commercial
Parking
30 Spaces (3.19 Spaces per 1,000 SF Leased)
Frontage
398’ on Farm to Market Road 751
PROPERTY TAXES
| Parcel Number | 220031 | Improvements Assessment | $931,060 |
| Land Assessment | $153,940 | Total Assessment | $1,085,000 |
