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203 E Ferguson St
Pharr, TX 78577
Dollar General Highly Traveled Trade Area · Retail Property For Sale
Investment Highlights
- Ideal 1031 Exchange Opportunity Single Tenant Dollar General - Corporate Guaranteed Lease - Dollar General NYSE: DG – Moody’s Rated Baa2
- 6 Years Remaining with one (5) Year Option - 9% Increase During Option Period - Necessity Based Tenant – Essential Use – Local Daily Needs
- Located off Highway 281, Adjacent to Tropical Smoothie Cafe, Dairy Queen, -Eleven Tip O Texas RV Resort, Texas INN & Suites and more
- NN Fee Simple Lease - Minimal Landlord Responsibilities - Newly Remodeled Building
- Pharr, TX which has a Population of 79,697 is Bordered to the West by McAllen, TX to the East by Rio Grande, TX and Southwest by Hidalgo, TX
- Hwy 281 the Subject is 12 Miles North of the Border of Mexico Leading Directly to Pharr-Reynosa International Bridge 750,000+ Crossings Per Yr
Property Facts
Property Type
Retail
Building Size
8,125 SF
Building Class
C
Year Built/Renovated
2004/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.40 AC
Zoning
IN
Parking
26 Spaces (3.2 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | M0170-00-000-0008-00 | Improvements Assessment | $373,637 |
| Land Assessment | $474,950 | Total Assessment | $848,587 |
Property Taxes
Parcel Number
M0170-00-000-0008-00
Land Assessment
$474,950
Improvements Assessment
$373,637
Total Assessment
$848,587
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