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1501 W South Commerce St
Wills Point, TX 75169
7% Cap Rate Dollar General · Retail Property For Sale
Executive Summary
Building Size: 8,892sf
Lot Size: 0.75 Acres
NOI: $66,061
Located on US Hwy 80 with easy access and exceptional visibility
Consistent population growth within a 5 mile radius
High traffic counts
30 Parking Spaces
50 miles east of Dallas and 13 miles northwest of Canton
NNN lease + percentage rents in place
Lease expires on 4/30/2027 with successive options. If exercised, 2 periods at 5 years each. Tenant has extended twice before
Lot Size: 0.75 Acres
NOI: $66,061
Located on US Hwy 80 with easy access and exceptional visibility
Consistent population growth within a 5 mile radius
High traffic counts
30 Parking Spaces
50 miles east of Dallas and 13 miles northwest of Canton
NNN lease + percentage rents in place
Lease expires on 4/30/2027 with successive options. If exercised, 2 periods at 5 years each. Tenant has extended twice before
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
8,625 SF
Building Class
C
Year Built
2000
Price
$940,000
Price Per SF
$108.99
Cap Rate
7.03%
NOI
$66,061
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.75 AC
Frontage
68’ on Commerce St
Property Taxes
| Parcel Number | R000052865 | Improvements Assessment | $222,460 |
| Land Assessment | $192,750 | Total Assessment | $415,210 |
Property Taxes
Parcel Number
R000052865
Land Assessment
$192,750
Improvements Assessment
$222,460
Total Assessment
$415,210
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