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Dollar General 342 E. St. Augustine dr 7,500 SF Retail Building Dallas, TX 75217 $1,570,000 ($209.33/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- 2019 Construction. 9,100+/- SF Building on 0.71+/- Acre Site
- Excellent Demographics & Demand Drivers – 194,491 Residents w/in 5-Miles w/ Avg. HH Income of $79,106; 6 Schools w/in 1 Mile (4k+ Students)
- Dollar General, a Fortune 500 Company and One of the Largest Discount Retailers in the U.S. Operates Over 20,400 Stores Across 47 States
- 8 miles Southeast of Dallas, TX, located off of US 175 (72,200+ VPD) on St. Augustine Dr (6,700+ VPD)
- Dallas-Fort Worth (DFW) Metroplex is the Largest Metropolitan Area in Texas and the fourth-largest in the United States
- Dallas | 3rd Fastest-Growing Metro in the U.S. | MSA Population: 8.3M
EXECUTIVE SUMMARY
8+ Years Remaining on Corp. Absolute NNN Lease w/ (3) 5-Year Options to Renew. 10% Rental Increases Option Periods
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,500 SF
Building Class
B
Year Built
2019
Price
$1,570,000
Price Per SF
$209.33
Cap Rate
6%
NOI
$94,200
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.71 AC
Zoning
F1 - Commercial
Frontage
70’ on SAINT AUGUSTINE DR
PROPERTY TAXES
| Parcel Number | 007881000A07A0000 | Improvements Assessment | $1,097,870 |
| Land Assessment | $124,230 | Total Assessment | $1,222,100 |
PROPERTY TAXES
Parcel Number
007881000A07A0000
Land Assessment
$124,230
Improvements Assessment
$1,097,870
Total Assessment
$1,222,100
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Dollar General | 342 E. St. Augustine dr
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