Dollar General | Dollar General - 106 3rd Street
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Dollar General Dollar General - 106 3rd Street
9,100 SF Retail Building Wortham, TX 76693 £974,046 (£107/SF) 6.80% Net Initial Yield
Investment Highlights
- NNN Leased Corporate Guaranteed +/- 9,100 SF Building
- Minimum Landlord Responsibilities
- Long Term Lease - Initial 15 Year Lease Expires August 31, 2031
Executive Summary
eXp Commercial is pleased to present this +/- 9,100 SF NNN Leased Single Tenant Building located in Wortham, TX. The property sits
on an approximate 0.69 acre parcel. The Tenant, Dollar General, occupies the property through August 31, 2031. The Tenant has
Three (3) - Five (5) Year Options to Extend at Ten Percent (10%) base rental increases. The property is located on N 3rd Street with an estimated 5,000 AADT and is surrounded by a residential community. With minimal Landlord responsibilities, this is an outstanding long term investment opportunity.
on an approximate 0.69 acre parcel. The Tenant, Dollar General, occupies the property through August 31, 2031. The Tenant has
Three (3) - Five (5) Year Options to Extend at Ten Percent (10%) base rental increases. The property is located on N 3rd Street with an estimated 5,000 AADT and is surrounded by a residential community. With minimal Landlord responsibilities, this is an outstanding long term investment opportunity.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,100 SF
Building Class
B
Year Built
2016
Price
£974,046
Price Per SF
£107
Net Initial Yield
6.80%
NOI
£66,235
Tenancy
Single
Number of Floors
1
Building FAR
0.30
Lot Size
0.69 AC
Amenities
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Dollar General
- Retailer
- 9,100 SF
- -
- NNN
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Dollar General | Retailer | 9,100 SF | - | NNN | - |
PROPERTY TAXES
| Parcel Number | 24685 | Improvements Assessment | £361,450 |
| Land Assessment | £5,109 | Total Assessment | £366,559 |
PROPERTY TAXES
Parcel Number
24685
Land Assessment
£5,109
Improvements Assessment
£361,450
Total Assessment
£366,559
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Dollar General | Dollar General - 106 3rd Street
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