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924 N 13th St
Corsicana, TX 75110
Family Dollar · Retail Property For Sale
Investment Highlights
- Absolute Net Lease
- Texas Business-Friendly Market
- Established Retailer with Private-Equity Backing
- Emerging Retail Corridor
Executive Summary
Northmarq is pleased to present a rare opportunity to acquire a retail property located at 924 N 13th Street, Corsicana, Texas (the "Property”). The Property consists of approximately 8,423 square feet of retail space on a 1.08-acre parcel leased to Family Dollar under a 15-year absolute net lease with 4+ years of lease term remaining.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,320 SF
Building Class
C
Year Built
2015
Price
$1,211,591
Price Per SF
$145.62
Cap Rate
8.25%
NOI
$99,956
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.93 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Frontage
190’ on 13th St
Property Taxes
| Parcel Number | 82906 | Improvements Assessment | $500,490 |
| Land Assessment | $282,530 | Total Assessment | $783,020 |
Property Taxes
Parcel Number
82906
Land Assessment
$282,530
Improvements Assessment
$500,490
Total Assessment
$783,020
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