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Absolute NNN Dollar General 5568 E Hwy 158 10,566 SF Retail Building Gardendale, TX 79758 $1,632,554 ($154.51/SF) 6.50% Cap Rate
Investment Highlights
- Absolute NNN Lease/Zero Landlord Responsibilities
- Texas is a No Income Tax State
- Constructed in 2020
- Prime Location
Executive Summary
Exclusive Realty is pleased to present this 10,566 SF Dollar General located located in Gardendale, TX. This 10,566 SF building, constructed in 2020, boasts 100% occupancy, presenting immediate income potential. With 1 unit, this property offers an attractive investment option in a high-demand area. This Dollar General is near Wagner Noel Performing Arts Center, the La Hacienda Event Center and the Midland International Air & Space Port. The building's modern construction and strategic location provide a solid foundation for long-term returns, making it an ideal addition to any investor's portfolio. Don't miss the chance to own a thriving retail property with strong
leasing history in the dynamic Gardendale market.
leasing history in the dynamic Gardendale market.
Data Room Click Here to Access
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,566 SF
Building Class
B
Year Built
2020
Price
$1,632,554
Price Per SF
$154.51
Cap Rate
6.50%
NOI
$106,116
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.00 AC
Zoning
Commercial - Commercial
Parking
34 Spaces (3.22 Spaces per 1,000 SF Leased)
Frontage
332’ on Hwy 158
Amenities
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 111350010000000 | Improvements Assessment | $1,469,715 |
| Land Assessment | $76,490 | Total Assessment | $1,546,205 |
Property Taxes
Parcel Number
111350010000000
Land Assessment
$76,490
Improvements Assessment
$1,469,715
Total Assessment
$1,546,205
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Absolute NNN Dollar General | 5568 E Hwy 158
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