38914 W Mile 7 Rd | Penitas, TX 78576
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- LoopNet Team
38914 W Mile 7 Rd
Penitas, TX 78576
Dollar General · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 10+ years remaining on the original corporate guaranteed NNN lease. National Credit Tenant with S&P credit ratings BBB.
- Fifth largest MSA in Texas | Metro population of 888,370 in 2022.
- Located very close to Middle and Elementary School, ensuring great traffic frontage.
- Built-in rent Growth: Lease include five (5), 5 year renewal option to extend the lease with 10% rental increase each option.
- Positioned in a high-visibility area along a main thoroughfare.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,026 SF
Building Class
C
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.04 AC
Zoning
CO
Parking
31 Spaces (3.43 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | P9279-01-000-0029-00 | Improvements Assessment | $663,630 |
| Land Assessment | $181,676 | Total Assessment | $845,306 |
PROPERTY TAXES
Parcel Number
P9279-01-000-0029-00
Land Assessment
$181,676
Improvements Assessment
$663,630
Total Assessment
$845,306
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