1548 FM 116 - Freestanding FOR SALE
Copperas Cove, TX 76522 |
$3,023,776 USD
858-373-3184
1548 FM 116
Copperas Cove, TX 76522
HIGHLIGHTS
- 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years Throughout the Initial Term and Options.
- Brand New 2025 High Quality Construction. Dollar General Market is a Larger Format Store with Expanded Grocery Offerings.
- This new Concept Offers Fresh Food Options including Fruits and Vegetables, Home Goods, Apparel and more.
- Ranked #111 on the Fortune 500 List. Dollar General (NYSE: DG) Investment Grade Credit Rating “BBB” by S&P’s and Annual Revenue Exceeding $40.61B.
- Strategically positioned near U.S. Hwy 190 (20K+ VPD), this site enjoys constant exposure to commuters between Copperas Cove and Fort Cavazos.
- Well Above Average Demographics for a Dollar General: Features more than 50k People Residing within a 5-Mile Radius.
FOR SALE DETAILS
PRICE
$3,023,776 USD
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
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
1.83 AC
LAND SF
79,715 SF
ZONING
-
APN/PARCEL ID
144624
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858-373-3184
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858-373-3184
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