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Family Dollar - Crockett, TX 703 S 4th St 9,180 SF Retail Building Crockett, TX 75835 $993,750 ($108.25/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Guaranteed 5-Year Lease Term
- Newer Construction - Built 2019
- 5% Rent Increase at Renewals Every 5 Years
- Strategic Location With No Grocery/Discount Store Competition
- Close Proximity to Loop 304, the Primary Thoroughfare in Crockett
- No Deferred Maintenance | Concrete Parking Lot
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Exclusively Offer For Sale the 9,180 SF Family Dollar Located at 703 South 4th Street in Crockett, TX. This Deal Has 5-Years Remaining of Corporate Guaranteed Income on the Initial Lease Term, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,180 SF
Building Class
B
Year Built
2019
Price
$993,750
Price Per SF
$108.25
Cap Rate
8%
NOI
$79,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.90 AC
Zoning
Commercial
Parking
20 Spaces (2.18 Spaces per 1,000 SF Leased)
Frontage
215’ on S 4th St
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Family Dollar
- Retailer
- 9,180 SF
- $8.66
- Double Net
- Mar 2030
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Family Dollar | Retailer | 9,180 SF | $8.66 | Double Net | Mar 2030 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0003033 | Improvements Assessment | $0 |
| Land Assessment | $3,470 | Total Assessment | $3,470 |
PROPERTY TAXES
Parcel Number
0003033
Land Assessment
$3,470
Improvements Assessment
$0
Total Assessment
$3,470
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Family Dollar - Crockett, TX | 703 S 4th St
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