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604 S Main St 4,165 SF Retail Building Winnsboro, TX 75494 $776,000 ($186.31/SF) 6.25% Cap Rate
Investment Highlights
- Corporate-guaranteed absolute NNN lease with minimal landlord responsibilities.
- Immediate access to a thriving retail corridor featuring multiple national tenants.
- Winnsboro demonstrates steady population growth with sustained economic development.
- Located on South Main Street near a signalized intersection with strong vehicle traffic exposure.
- Situated on approximately 0.7 acres with on-site parking.
- Proximity to regional trade routes and within driving distance to Greater Dallas markets.
Executive Summary
Absolute NNN investment opportunity in a tax free state. Low rent in a dense retail corridor with several national tenants.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
4,165 SF
Building Class
C
Year Built
1986
Price
$776,000
Price Per SF
$186.31
Cap Rate
6.25%
NOI
$48,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.70 AC
Opportunity Zone
Yes
Zoning
CM - Commercial
Parking
12 Spaces (2.88 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R39770 | Improvements Assessment | $233,200 |
| Land Assessment | $60,720 | Total Assessment | $227,172 |
Property Taxes
Parcel Number
R39770
Land Assessment
$60,720
Improvements Assessment
$233,200
Total Assessment
$227,172
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