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810 Gilmer St
Sulphur Springs, TX 75482
Dollar Tree 12.5 Year Absolute NNN 6.50% CAP · Retail Property For Sale
PROPERTY FACTS
ABOUT 810 GILMER ST , SULPHUR SPRINGS, TX 75482
The subject property is a Family Dollar being converted to a Dollar Tree located at 810 Gilmer Street, Sulpher Springs, Texas. There are just under 13 years remaining on an absolute net lease. There are scheduled rent increases of 10% after year 10 and every 5 years thereafter, providing a hedge against inflation. Tenant has transitioned from an inline shopping center space to a free standing building, newly constructed in 2016. The subject property is located on Gilmer Street, a major thoroughfare with over 10,000 vehicles directly passing in front of the site. There are over 16,000 residents within a 3 mile radius.
PROPERTY TAXES
| Parcel Number | R000003661 | Improvements Assessment | $772,440 |
| Land Assessment | $462,210 | Total Assessment | $1,234,650 |
PROPERTY TAXES
