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Dollar General 9750 Texas 154/19 Hwy N 7,500 SF Retail Building Sulphur Springs, TX 75482 $1,195,000 ($159.33/SF) 6.20% Cap Rate
Investment Highlights
- • Absolute NNN Lease with Zero Landlord Responsibilities
- • Corporate Dollar General. S&P BBB A+ Rated.
- • 10% Increases with Each 5 Year Option
- 3 - Five Year Options To Extend
Executive Summary
Dollar General Corporation operates a retail chain with over 17,000 stores across the United States, focusing on providing affordable everyday necessities. The store in Sulphur Springs, Texas, has been a cornerstone of the community, serving residents with a wide range of products at competitive prices. The property is strategically positioned to capture high foot traffic and serves a diverse demographic within the area.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,500 SF
Building Class
B
Year Built
2016
Price
$1,195,000
Price Per SF
$159.33
Cap Rate
6.20%
NOI
$74,090
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.25 AC
Parking
30 Spaces (4 Spaces per 1,000 SF Leased)
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dollar General
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dollar General | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Property Taxes
| Parcel Number | R000028771 | Improvements Assessment | $467,410 |
| Land Assessment | $40,730 | Total Assessment | $508,140 |
Property Taxes
Parcel Number
R000028771
Land Assessment
$40,730
Improvements Assessment
$467,410
Total Assessment
$508,140
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Dollar General | 9750 Texas 154/19 Hwy N
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