16900 S Fort Hood St - Retail FOR SALE


Killeen, TX 76542- Killeen/Fort Cavazos
$2,279,070 USD
214-692-2927
16900 S Fort Hood St, Killeen, TX for Sale
$2,279,070 USD
Retail - FOR SALE
1/2
null | 6.45% Cap Rate

16900 S Fort Hood St
Killeen, TX 76542
Killeen/Fort Cavazos


HIGHLIGHTS

  • Texas is an income-tax free state
  • Extremely strong corporately guaranteed lease
  • Dollar General boasts an investment grade credit rating of BBB (S&P)
  • Dollar General has ±20,000 locations and plans to continue their expansion for the foreseeable future
  • Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
  • Dollar General has a market cap of ±$30 billion

OVERVIEW

2023 built-to-suit construction for Dollar General Nearby national tenants include Lowes, Tractor Supply Co, The Home Depot. Best Buy, Aldi, Kohls, and more 5% increases every 5 years in the base term, which were added into the lease with the early extension Strategically located on HWY 195 which sees in excess of 30,000 VPD Projected population growth of 11.60% in the next 5 years Broker of Record Patrick Graham License No. 9005919 (TX) (866) 889-0550 Matthews Real Estate Investment Services, Inc 8300 Douglas Ave., Ste. 750, Dallas, TX 75225

FOR SALE DETAILS

PRICE

$2,279,070 USD

PRICE/SF

$214 USD /SF

CAP RATE

6.45%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DOLLAR GENERAL

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.4 AC

LAND SF

104,729 SF

ZONING

Commercial

APN/PARCEL ID

519933

ASK ABOUT THIS PROPERTY

Scotty LatimerMatthews Real Estate Investment ServicesMore Info
214-692-2927

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Scotty LatimerMatthews Real Estate Investment ServicesMore Info
214-692-2927

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