1862 FM 534 - Freestanding FOR SALE
Sandia, TX 78383 |
$1,177,000 USD
562-230-5606
1862 FM 534
Sandia, TX 78383
HIGHLIGHTS
- The 2017 build-to-suit site has over 7 years of lease term remain with five 5-year options thereafter
- The lease is backed by a corporate guaranty from Dollar General –#108 on the Fortune 500 list of companies
- Absolute NNN lease structure features zero Landlord expense obligations, providing an investor with a truly “hands-off” investment
- The subject property benefits from access to FM 534 and is located just 43 miles from Corpus Christi (5th largest port in the U.S.)
- Dollar General generated $40.6 billion in 2024 fiscal year sales and a net income of $1.1 billion
FOR SALE DETAILS
PRICE
$1,177,000 USD
PRICE/SF
$129 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.64 AC
LAND SF
71,438 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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562-230-5606
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562-230-5606
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