6975 US-69 | Kountze, TX 77625
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- LoopNet Team
6975 US-69
Kountze, TX 77625
Former Family Dollar · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 6975 Highway 69, a 9,180-square-foot retail building, was built in 2020 for a Family Dollar/Dollar Tree combo store across 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 only responsible for the roof, structure, and parking lot, and the tenant reimburses all expenses for parking lot maintenance.
- Over seven years remain on the lease term, with six automatic, five-year options and predetermined rent escalations through 2060.
- Passive investment brings in $89,400 annually in net operating income, boosted by locational cost-saving factors, as Texas has no state income tax.
- Positioned 25 minutes from Downtown Beaumont, 40 minutes from Port Arthur, and 90 minutes from Houston.
PROPERTY FACTS
Property Type
Retail
Property Subtype
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
| Parcel Number | 001950-000525 | Improvements Assessment | $817,401 |
| Land Assessment | $148,104 | Total Assessment | $965,505 |
PROPERTY TAXES
Parcel Number
001950-000525
Land Assessment
$148,104
Improvements Assessment
$817,401
Total Assessment
$965,505
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