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400 Harrell Ln
Canyon, TX 79015
Dollar General - 6.75 Yr. NN | $784,615 · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 6.75 Years of Guaranteed Lease Term (Lease Exp: 05/31/2030) | Three (3) - Five (5) Year Option Periods with 10% Rental Increases
  • Landlord Responsibilities Limited to Roof, Structure, Parking Lot & HVAC Units | Tenant Responsible for Snow Removal
  • Landlord Recently Completed HVAC Repairs of $10,000
  • Strategically Positioned in the Heart of Canyon Directly Across the Street from West Texas A&M University
  • Tenant Contributes $488 Per Month for Parking Lot Maintenance (Increases 15% in Each Option Period)
  • Dollar General Has Been at This Location Since 2005 | Tenant is Only Paying $5.65 PSF

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.60 AC
Zoning
RC1
Parking
32 Spaces (3.55 Spaces per 1,000 SF Leased)
Frontage
319’ on 4th Ave

AMENITIES

  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-061-9021-0001
Land Assessment
$130,680
Improvements Assessment
$616,981
Total Assessment
$747,661
  • Listing ID: 28764330

  • Date on Market: 6/15/2023

  • Last Updated:

  • Address: 400 Harrell Ln, Canyon, TX 79015

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