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23047 W Us Highway 290
Harper, TX 78631
Family Dollar · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Absolute Net Lease
- U.S. Highway 290 Frontage & Regional Access
- Visibility Along US-290
- Established Retailer with Private-Equity Backing
- Proximity to Harper Middle School
- Texas Business-Friendly Market
EXECUTIVE SUMMARY
Northmarq is pleased to present a rare opportunity to acquire a retail property located at 23047 US-290, Harper, Texas 7863 (the “Property”). The Property consists of approximately 8,505 square feet of retail space on a 0.78-acre parcel, leased to Family Dollar under a 15-year absolute net lease with 5+ years of lease term remaining.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,505 SF
Building Class
C
Year Built/Renovated
1921/2015
Price
$1,060,240
Price Per SF
$124.66
Cap Rate
7.50%
NOI
$79,518
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.78 AC
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