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Dollar General | Corp NN w/ 9+ Yrs 2711 Boonville Rd 9,014 SF Retail Building Bryan, TX 77808 $1,319,000 ($146.33/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 9+ Years Remaining | Scheduled Rental Increases | Corporate Guaranteed
- Near Signalized, Hard Corner Intersection | State Hwy 6 | Bryan Towne Center | Dense Retail Corridor | Nearby Schools
- NN Leased | Fee Simple Ownership | No Landlord Responsibilities
- Local Demographics in 5-mile Trade Area | Six-Figure Incomes
EXECUTIVE SUMMARY
• Dollar General has 9+ years remaining on their current lease with 2 (5-year) options to extend
• The lease features 10% rental increases at the beginning of each option
• The subject property is near the signalized, hard corner intersection of Boonville Rd and Briarcrest Dr which average a combined 34,600 VPD
• Other nearby national/credit tenants include Chick-fil-A, Walmart Supercenter, Lowe’s, Kroger, Sonic, McDonald’s, and many more
• More than 139,000 residents and 94,000 employees support the trade area
• The lease features 10% rental increases at the beginning of each option
• The subject property is near the signalized, hard corner intersection of Boonville Rd and Briarcrest Dr which average a combined 34,600 VPD
• Other nearby national/credit tenants include Chick-fil-A, Walmart Supercenter, Lowe’s, Kroger, Sonic, McDonald’s, and many more
• More than 139,000 residents and 94,000 employees support the trade area
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,014 SF
Building Class
B
Year Built
2005
Price
$1,319,000
Price Per SF
$146.33
Cap Rate
6.50%
NOI
$85,704
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.38 AC
Zoning
C-2 - Retail District
Parking
37 Spaces (4.1 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 37505 | Improvements Assessment | $436,508 |
| Land Assessment | $691,117 | Total Assessment | $1,127,625 |
PROPERTY TAXES
Parcel Number
37505
Land Assessment
$691,117
Improvements Assessment
$436,508
Total Assessment
$1,127,625
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Dollar General | Corp NN w/ 9+ Yrs | 2711 Boonville Rd
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