4775 FM 787 | Cleveland, TX 77327
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- LoopNet Team
4775 FM 787
Cleveland, TX 77327
Dollar General · Retail Property For Sale
Investment Highlights
- 2014 build-to-suit construction for Dollar General (13.75-Years Remaining)
- Attractive 5% rent increase every 5-years which were added into the lease with the early extension
- Estimated Population growth of 11.04% over the next 5- years!
- Dollar General extended their lease 6-years early to a brand new 15-YEAR Term
- Absolute NNN lease with zero Landlord responsibilities
- Attractive lease structure with Five, 5-Year options, all of which include a 5% rent increase
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.00 AC
Parking
37 Spaces (4.07 Spaces per 1,000 SF Leased)
Frontage
212’ on FM 787
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 003778-000001-000 | Improvements Assessment | $719,500 |
| Land Assessment | $75,600 | Total Assessment | $795,100 |
Property Taxes
Parcel Number
003778-000001-000
Land Assessment
$75,600
Improvements Assessment
$719,500
Total Assessment
$795,100
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