342 E. St. Augustine dr - Supermarket FOR SALE


Dallas, TX 75217- Pleasant Grove
$1,570,000 USD
214-915-8890
342 E. St. Augustine dr, Dallas, TX for Sale
$1,570,000 USD
Supermarket - FOR SALE
1/3
null | 6% Cap Rate

342 E. St. Augustine dr
Dallas, TX 75217
Pleasant Grove


HIGHLIGHTS

  • 2019 Construction. 9,100+/- SF Building on 0.71+/- Acre Site
  • 8 miles Southeast of Dallas, TX, located off of US 175 (72,200+ VPD) on St. Augustine Dr (6,700+ VPD)
  • Excellent Demographics & Demand Drivers – 194,491 Residents w/in 5-Miles w/ Avg. HH Income of $79,106; 6 Schools w/in 1 Mile (4k+ Students)
  • Dallas-Fort Worth (DFW) Metroplex is the Largest Metropolitan Area in Texas and the fourth-largest in the United States
  • Dollar General, a Fortune 500 Company and One of the Largest Discount Retailers in the U.S. Operates Over 20,400 Stores Across 47 States
  • Dallas | 3rd Fastest-Growing Metro in the U.S. | MSA Population: 8.3M

OVERVIEW

8+ Years Remaining on Corp. Absolute NNN Lease w/ (3) 5-Year Options to Renew. 10% Rental Increases Option Periods

FOR SALE DETAILS

PRICE

$1,570,000 USD

PRICE/SF

$209 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

F1

APN/PARCEL ID

007881000A07A0000

ASK ABOUT THIS PROPERTY

Russell SmithSecure Net LeaseMore Info
214-915-8890

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Russell SmithSecure Net LeaseMore Info
214-915-8890

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