Log In/Sign Up
Your email has been sent.
Dollar General 381 E 1st St 9,014 SF Retail Building Groveton, TX 75845 $756,324 ($83.91/SF) 9.25% Cap Rate
Investment Highlights
- Long Term Occupancy: Dollar General has successfully operated at this site for almost 20 years.
- Limited Competition: Dollar General serves as one of the primary retail destination for Groveton's rural market.
- Strong Visibility: Exposed to nearly 4,000 vehicles daily.
Executive Summary
AMC Real Estate Investment Services is pleased to offer for sale this Dollar General property in Groveton, TX, priced at $756,324 with a 9.25% cap rate. The store has operated successfully at this location for nearly 20 years and is secured by a NN+ lease.
Data Room Click Here to Access
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,014 SF
Building Class
C
Year Built
2008
Price
$756,324
Price Per SF
$83.91
Cap Rate
9.25%
NOI
$69,960
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.99 AC
Opportunity Zone
Yes
Parking
30 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
185’ on 1st
Nearby Major Retailers
Property Taxes
| Parcel Number | 19932 | Improvements Assessment | $412,940 |
| Land Assessment | $15,824 | Total Assessment | $428,764 |
Property Taxes
Parcel Number
19932
Land Assessment
$15,824
Improvements Assessment
$412,940
Total Assessment
$428,764
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Company Not Provided
Dollar General | 381 E 1st St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.