1501 W South Commerce St - Retail FOR SALE


Wills Point, TX 75169
$940,000 USD
936-402-5779
1501 W South Commerce St, Wills Point, TX for Sale
$940,000 USD
Retail - FOR SALE
1/3
null | 7.03% Cap Rate

1501 W South Commerce St
Wills Point, TX 75169


OVERVIEW

Building Size: 8,892sf Lot Size: 0.75 Acres NOI: $66,061 Located on US Hwy 80 with easy access and exceptional visibility Consistent population growth within a 5 mile radius High traffic counts 30 Parking Spaces 50 miles east of Dallas and 13 miles northwest of Canton NNN lease + percentage rents in place Lease expires on 4/30/2027 with successive options. If exercised, 2 periods at 5 years each. Tenant has extended twice before

FOR SALE DETAILS

PRICE

$940,000 USD

PRICE/SF

$109 USD /SF

CAP RATE

7.03%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7% Cap Rate Dollar General

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

-

APN/PARCEL ID

R000052865

ASK ABOUT THIS PROPERTY

Wes PratkaEvermark Commercial GroupMore Info
936-402-5779

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Wes PratkaEvermark Commercial GroupMore Info
936-402-5779

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.