5860 FM 616 | Vanderbilt, TX 77991
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5860 FM 616
Vanderbilt, TX 77991
Dollar General | 7.1% Cap Rate · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- LOW PRICE POINT ABSOLUTE NNN - 9.8+ Years Remaining. 25 Years Renewal Options. Rent Increases Throughout
- ZERO LANDLORD RESPONSIBILITY. GUARANTEED CORPORATE LEASE - No Management Required. Passive Rental Income
- CLOSE ECONOMIC TIES TO VICTORIA AND PORT LAVACA - Regional Cener For Energy Infrastructure, Petrochemicals, Commercial Fishing, Healthcare, Tourism
- NATIONAL INVESTMENT-GRADE TENANT [NYSE:DG] - #108 Fortune 500 Companies. $37B Revenue. S&P Investment Grade BBB
PROPERTY FACTS
Property Type
Retail
Property Subtype
Property Size
9,100 sq ft
Costar Property Class
C
Year Built
2019
Tenancy
Single
Number of Floors
1
Plot ratio
0.16
Total Plot Size
1.27 ac
Use Class
CMX - Commercial mixed use
Parking
25 Spaces (2.74 Spaces per 1,000 sq ft Leased)
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | R23937 | Improvements Assessment | £382,162 |
| Land Assessment | £11,203 | Total Assessment | £393,365 |
PROPERTY TAXES
Parcel Number
R23937
Land Assessment
£11,203
Improvements Assessment
£382,162
Total Assessment
£393,365
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