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6975 Highway 69 S
Kountze, TX 77625
Motivated Seller! Family Dollar Combo Kountze · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 6975 Highway 69 is a 9,180-square-foot retail building built in 2020 for a Family Dollar/Dollar Tree Combo Store, situated on a 1.7-acre corner lot.
  • Lease guaranteed by Dollar Tree, Inc, a publicly listed Fortune 500 Company, and Combo Stores achieve about 20% more sales than an individual brand.
  • Landlord is responsible for the roof, the structure, and the parking lot, and the tenant will reimburse the parking lot maintenance costs.
  • Over seven years remain in the lease term, with six automatic, five-year options and predetermined rent escalations through 2060.
  • Passive investment opportunity bringing in $89,400/year in NOI, boosted by locational cost-saving factors as Texas has no state income tax.
  • Well-positioned 25 minutes from Downtown Beaumont, 40 minutes from Port Arthur, and an hour and a half from Houston.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,180 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.70 AC
Zoning
Unrestricted - Property lies in Hardin County, Texas. Hardin County does not have zoning regulations.
Parking
28 Spaces (3.05 Spaces per 1,000 SF Leased)
Frontage
331’ on U.S. 69

AMENITIES

  • Corner Lot
  • Freeway Visibility
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
001950-000525
Land Assessment
$148,104
Improvements Assessment
$817,401
Total Assessment
$965,505
  • Listing ID: 28958689

  • Date on Market: 7/10/2023

  • Last Updated:

  • Address: 6975 Highway 69 S, Kountze, TX 77625

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