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Family Dollar/Dollar Tree Combo Store 111 Hendricks Blvd

9,180 SF Retail Building Wink, TX 79789 £897,671 (£98/SF) 8% Net Initial Yield

Investment Highlights

  • Family Dollar/Dollar Tree Combo Store With 5.5+ Years on Current Term
  • Limited Competition - Only Dollar Store in the City of Wink Adjacent to Wink High School and Wink Elementary School
  • Located Along Main Corridor through Wink – 6,500+ VPD in Front of Subject Property
  • LL Friendly Lease – Tenant Fully Responsible for HVAC Repairs/Replacement
  • 1 Mile Average Household Income of $102K+
  • Attractive 8% Yield with Corporately Guaranteed Lease and 5 Year Old Building

Executive Summary

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Family Dollar/Dollar Tree combo store in Wink, TX. The subject property is a 5 year old building with an attractive 8% yield with corporately guaranteed lease. It has limited competition and is the only dollar store in the city of Wink adjacent to Wink High School and Wink Elementary School. The property is located along main corridor through Wink with 6,500+ VPD

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
B
Year Built
2019
Price
£897,671
Price Per SF
£98
Net Initial Yield
8%
NOI
£71,814
Tenancy
Single
Number of Floors
1
Building FAR
0.24
Land Acres
0.87 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3040-0037-0010000
Land Assessment
£8,450
Improvements Assessment
£376,038
Total Assessment
£384,488
  • Listing ID: 31546307

  • Date on Market: 18/04/2024

  • Last Updated:

  • Address: 111 Hendricks Blvd, Wink, TX 79789

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