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5860 FM 616
Vanderbilt, TX 77991
Dollar General | 7.1% Cap Rate · Retail Property For Sale
Investment Highlights
- LOW PRICE POINT ABSOLUTE NNN - 9.8+ Years Remaining. 25 Years Renewal Options. Rent Increases Throughout
- ZERO LANDLORD RESPONSIBILITY. GUARANTEED CORPORATE LEASE - No Management Required. Passive Rental Income
- CLOSE ECONOMIC TIES TO VICTORIA AND PORT LAVACA - Regional Cener For Energy Infrastructure, Petrochemicals, Commercial Fishing, Healthcare, Tourism
- NATIONAL INVESTMENT-GRADE TENANT [NYSE:DG] - #108 Fortune 500 Companies. $37B Revenue. S&P Investment Grade BBB
Property Facts
Property Type
Retail
Property Subtype
Building Size
9,100 SF
Building Class
C
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.27 AC
Zoning
CMX - Commercial mixed use
Parking
25 Spaces (2.74 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $515,787 | |
| Land Assessment | $25,410 | Total Assessment | $541,197 |
Property Taxes
Parcel Numbers
Land Assessment
$25,410
Improvements Assessment
$515,787
Total Assessment
$541,197
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