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Family Dollar 17025 Highway 154 9,180 SF Retail Building Harleton, TX 75651 $795,000 ($86.60/SF) 9.69% Cap Rate
Investment Highlights
- Highway 154 Visibility
- Adjacent School Presence
- Established Local Retail Node
- Attractive 9.69% Going-In Yield
- Corporate Family Dollar Lease
- Minimal Landlord Responsibility
Executive Summary
Surmount is pleased to present the exclusive listing for a Family Dollar located at 17973 Texas 154, Harleton, TX 75651. The site consists of roughly 9,180 rentable square feet of building space on an estimated 1.09-acre parcel of land. Family Dollar is subject to a 21.01-year Triple Net (NNN) lease, which commenced 1/1/2007. The current annual rent is $77,000 and the current term expires 12/31/2027.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
B
Year Built
2007
Price
$795,000
Price Per SF
$86.60
Cap Rate
9.69%
NOI
$77,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.09 AC
Zoning
C - Commercial
Frontage
262’ on Hwy 154
Amenities
- Signage
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $960,560 | |
| Land Assessment | $101,440 | Total Assessment | $1,062,000 |
Property Taxes
Parcel Numbers
Land Assessment
$101,440
Improvements Assessment
$960,560
Total Assessment
$1,062,000
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