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6507 FM 307
Midland, TX 79706
Dollar General · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building FAR
0.10
Lot Size
2.07 AC
Zoning
Commercial
Parking
30 Spaces (3.32 Spaces per 1,000 SF Leased)

ABOUT 6507 FM 307 , MIDLAND, TX 79706

KW Net Lease Advisors is pleased to present a four property portfolio of single tenant, net-leased, corporately guaranteed Dollar Generals throughout Oklahoma and Texas, all of which have at least 10 years remaining of Primary Term. - 10 Years+ Remaining on all Absolute Net Leases - 6.5% Cash on Cash Return with the In-Place Debt - Debt Must Be Assumed - Must be Sold as Portfolio - Portfolio Price: $5,050,865 CAP: 6.65% - 2 in Texas - Non-Income Tax State; 2 in Oklahoma - 2 Locations in 100,000+ Population Cities PROPERTY LOCATIONS - Abilene, TX - Midland, TX - Ardmore, OK - Carney, OK With locations in communities invested in a variety of industries such as military, higher education, and energy, this portfolio represents a very balanced and diverse investment opportunity. Texas has no state income tax and Oklahoma has one of the lowest state income taxes in the nation, allowing the investor to maximize their return. MIDLAND, OK - Largest oil deposits in the USA discovered in Midland in 2016 and is valued at nearly 1 Trillion Dollars - As the 24th most populas city in Texas, Midland has a total population of more than 110,000 residents

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R000003-108
Land Assessment
$19,130
Improvements Assessment
$56,000
Total Assessment
$75,130
  • Listing ID: 5816465

  • Date on Market: 2/10/2017

  • Last Updated:

  • Address: 6507 FM 307, Midland, TX 79706

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