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Dollar General Market 1212 US-287 BUS

12,687 SF 4-Star Retail Building Iowa Park, TX 76367 £2,066,451 (£163/SF) 6.40% Net Initial Yield

Investment Highlights

  • 2024 Construction. 12,687+/- SF Building on 1.451+/- Acre Site
  • 1.5 Miles from Wichita Valley Airport
  • E-Commerce Resistant Retailer Experiencing Explosive Growth – 20,000+ Stores with 800 More Planned to Open
  • High-Visibility Location on BUS 287J with Strong Traffic Counts
  • 7 Miles from Sheppard Air Force Base – Largest Training Base with Over 6,400 Employees & $3.5B of Economic Impact
  • Iowa Park | Midway Between Oklahoma City & Dallas/Fort Worth Metroplex | Wichita Falls Population: 102,761+

Executive Summary

15-Year Corporate NNN Lease, Plus (5), 5-Year Options to Extend & 5% Rental Increases Every 5 Years

Attachments

SECURE NET LEASE OM

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Supermarket
Building Size
12,687 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2024
Price
£2,066,451
Price Per SF
£163
Net Initial Yield
6.40%
NOI
£132,253
Tenancy
Single
Number of Floors
1
Building FAR
0.20
Lot Size
1.45 AC

Links

1 of 1
(713) 263-3981

Contacts

  • Listing ID: 33871781

  • Date on Market: 14/11/2024

  • Last Updated:

  • Address: 1212 US-287 BUS, Iowa Park, TX 76367

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© 2024 CoStar Group

Dollar General Market | 1212 US-287 BUS
(713) 263-3981 x

Dollar General Market | 1212 US-287 BUS

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Edward Benton

(713) 263-3981

(713) 263-3981

Bob Moorhead

(214) 915-8890

(214) 915-8890

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