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224 S FM 1346
La Vernia, TX 78121
Family Dollar · Retail Property For Sale
Investment Highlights
- Long-term triple-net lease with 18 years remaining and minimal landlord responsibilities
- Attractive 7.11% cap rate with scheduled rent increases every five years
- Leased to Dollar Tree, a nationally recognized and creditworthy retailer
- Prime location along FM 1346 with strong visibility and steady traffic flow
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
B
Year Built/Renovated
2007/2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.74 AC
Zoning
NEC - Commercial
Parking
50 Spaces (2.91 Spaces per 1,000 SF Leased)
Frontage
212’ on FM 1346
Property Taxes
| Parcel Number | 60448 | Improvements Assessment | $716,100 |
| Land Assessment | $219,320 | Total Assessment | $935,420 |
Property Taxes
Parcel Number
60448
Land Assessment
$219,320
Improvements Assessment
$716,100
Total Assessment
$935,420
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