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Dollar General 9750 Texas 154/19 Hwy N

7,500 SF Retail Building Sulphur Springs, TX 75482 £1,093,620 (£146/SF) 5.30% Net Initial Yield

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
Freestanding
Building Size
7,500 SF
Building Class
B
Year Built
2016
Price
£1,093,620
Price Per SF
£146
Net Initial Yield
5.30%
NOI
£57,962
Tenancy
Single
Number of Floors
1
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

PROPERTY TAXES

Parcel Number
R000028771
Land Assessment
£77,202
Improvements Assessment
£331,485
Total Assessment
£408,687
  • Listing ID: 32575275

  • Date on Market: 24/07/2024

  • Last Updated:

  • Address: 9750 Texas 154/19 Hwy N, Sulphur Springs, TX 75482

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