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Dollar General Smithville 1301 NE Loop 230 8,890 SF Retail Building Smithville, TX 78957 $1,125,000 ($126.55/SF) 8% Cap Rate
Investment Highlights
- Hard corner
- Lease recently negotiated until 2030
- Roof renovation in 2025
- Quality National Tenant - Dollar General
- High growth area
Executive Summary
Property has Dollar General as a Quality National Tenant in place. Lease was recently renewed in 2025 for 5 years with a 10-year option to renew. The Dollar General building was constructed in 2002 and the roof was renovated in 2025. Parking lot contains 60+ spaces.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,890 SF
Building Class
C
Year Built/Renovated
2002/2025
Price
$1,125,000
Price Per SF
$126.55
Cap Rate
8%
NOI
$90,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.59 AC
Parking
60 Spaces (6.75 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 16909 | Improvements Assessment | $424,074 |
| Land Assessment | $137,939 | Total Assessment | $562,013 |
Property Taxes
Parcel Number
16909
Land Assessment
$137,939
Improvements Assessment
$424,074
Total Assessment
$562,013
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Dollar General Smithville | 1301 NE Loop 230
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