2115 W Front St | Alice, TX 78332
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- LoopNet Team
2115 W Front St
Alice, TX 78332
Dollar General "Market" - Texas · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New Development DG "Market" Concept - Alice, TX
- Attractive 5% Rental Increases Every 5 Years - Cap Rate Near 7% at End of Primary Term (Assuming List Price)
- 2023 5-Mile Population Over 20,000 - Alice is Located 45 Miles West of Corpus Christi
- 15-Year Absolute Net Lease - Rent Projected to Commence February 2024
- Large Parcel of Almost 6 Acres that Fronts HWY 44 Generating Over 17,000 Vehicles/Day
- Extremely Passive Lease - Zero Landlord Responsibilities
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
12,480 SF
Building Class
C
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
1.00 AC
Zoning
F-1 - Real Commercial
Parking
16 Spaces (1.28 Spaces per 1,000 SF Leased)
Frontage
120’ on County Road 114
PROPERTY TAXES
| Parcel Number | 11064-001-000-00 | Improvements Assessment | $668,650 |
| Land Assessment | $326,961 | Total Assessment | $995,611 |
PROPERTY TAXES
Parcel Number
11064-001-000-00
Land Assessment
$326,961
Improvements Assessment
$668,650
Total Assessment
$995,611
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