10517 River Crossing - Freestanding FOR SALE
China Spring, TX 76633 |
$2,795,480 USD
858-373-3184
10517 River Crossing
China Spring, TX 76633
HIGHLIGHTS
- 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years Throughout the Initial Term and Options.
- Dollar General Market is a Larger Format Store with Expanded Grocery Offerings
- Ranked #111 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating “BBB” by S&P’s & Annual Revenue Exceeding $60B.
- New Single-Family Home Construction and Expanding Subdivisions nearby provide a Reliable Pipeline of new Households.
- Neighboring Developer is Constructing and Dedicating a New Roadway to the County Directly Adjacent to this Site, Enhancing Vehicle Traffic Flow.
- Minutes from Growing Waco Metropolitan Area – Positioned just Northwest of Waco, the Property Leverages the Metro’s Economic Growth.
OVERVIEW
Dollar General Market | 15 Year Absolute Net Lease w/ Rent Increases | Brand New 2025 Construction | Affluent Area: $120k+ Avg. HHI | Larger Format Store Concept | Minutes from Growing Waco Metro | Close to Lake Waco Recreation | Near Waco Regional Airport | Amazon Resistant Investment Grade Retail Concept
FOR SALE DETAILS
PRICE
$2,795,480 USD
CAP RATE
6.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
DOLLAR GENERAL w/ RENT INCREASES | 15YR NNN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Storefront, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.13 AC
LAND SF
49,223 SF
ZONING
-
APN/PARCEL ID
36-006000-002300-0
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
858-373-3184
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
858-373-3184
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
