381 E 1st St - Freestanding FOR SALE


Groveton, TX 75845
$756,324 USD
586-200-0041
381 E 1st St, Groveton, TX for Sale
$756,324 USD
Freestanding - FOR SALE
1/5
null | 9.25% Cap Rate

381 E 1st St
Groveton, TX 75845


HIGHLIGHTS

  • Long Term Occupancy: Dollar General has successfully operated at this site for almost 20 years.
  • Strong Visibility: Exposed to nearly 4,000 vehicles daily.
  • Limited Competition: Dollar General serves as one of the primary retail destination for Groveton's rural market.

OVERVIEW

AMC Real Estate Investment Services is pleased to offer for sale this Dollar General property in Groveton, TX, priced at $756,324 with a 9.25% cap rate. The store has operated successfully at this location for nearly 20 years and is secured by a NN+ lease.

FOR SALE DETAILS

PRICE

$756,324 USD

PRICE/SF

$84 USD /SF

CAP RATE

9.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,081 SF

ZONING

-

APN/PARCEL ID

19932

ASK ABOUT THIS PROPERTY

Corbin MontpasAMC Commercial Real Estate Investment ServicesMore Info
586-200-0041

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Corbin MontpasAMC Commercial Real Estate Investment ServicesMore Info
586-200-0041

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