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Dollar General 1915 W Highway 6 9,100 SF Retail Building Alvin, TX 77511 $1,297,275 ($142.56/SF) 6.85% Cap Rate
INVESTMENT HIGHLIGHTS
- Top 27% of all Dollar General’s nationwide (according to Placer. Ai)
- ±9,100 SF freestanding building situated on a ±2.87-acre parcel
- Absolute NNN lease structure with no landlord obligations
- 2015 build-to-suit construction for Dollar General
- Located within the Houston MSA which is home to more than 7.8 Million residents
- ±4.75 years remaining on an original 15-year primary lease term
EXECUTIVE SUMMARY
Broker of Record
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2015
Price
$1,297,275
Price Per SF
$142.56
Cap Rate
6.85%
NOI
$88,863
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.87 AC
PROPERTY TAXES
| Parcel Number | 5480-0015-0001-000 | Improvements Assessment | $985,340 |
| Land Assessment | $214,660 | Total Assessment | $1,200,000 |
PROPERTY TAXES
Parcel Number
5480-0015-0001-000
Land Assessment
$214,660
Improvements Assessment
$985,340
Total Assessment
$1,200,000
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Dollar General | 1915 W Highway 6
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