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5001 Lockwood Dr
Houston, TX 77026
Dollar General | Rare Urban Metro Houston · Retail Property For Sale
Investment Highlights
- Rare Big City location for Dollar General in Houston, the largest city in Texas.
- Newer 2018 metal construction, built to last.
- 9.5+/- years remaining plus 3 five year options to renew.
- Dense, inner loop Houston location next to the I-610 Freeway.
- Absolute NNN Dollar General lease. Landlord friendly tenant. Rent paid on time.
- Assumable Loan of 3.75% fixed due in August 2031 provides 4.9% cash on cash return.
Property Facts
Property Type
Retail
Property Subtype
Building Size
7,489 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.17
Lot Size
1.04 AC
Zoning
Unrestricted
Parking
31 Spaces (4.13 Spaces per 1,000 SF Leased)
Frontage
172’ on Lockwood Dr
Amenities
- Corner Lot
- Tenant Controlled HVAC
Property Taxes
| Parcel Number | 1393920010001 | Improvements Assessment | $828,446 |
| Land Assessment | $458,838 | Total Assessment | $1,287,284 |
Property Taxes
Parcel Number
1393920010001
Land Assessment
$458,838
Improvements Assessment
$828,446
Total Assessment
$1,287,284
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