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Off Market
1/11

400 Harrell Ln
Canyon, TX 79015


HIGHLIGHTS

  • 6.75 Years of Guaranteed Lease Term (Lease Exp: 05/31/2030) | Three (3) - Five (5) Year Option Periods with 10% Rental Increases
  • Strategically Positioned in the Heart of Canyon Directly Across the Street from West Texas A&M University
  • Landlord Responsibilities Limited to Roof, Structure, Parking Lot & HVAC Units | Tenant Responsible for Snow Removal
  • Tenant Contributes $488 Per Month for Parking Lot Maintenance (Increases 15% in Each Option Period)
  • Landlord Recently Completed HVAC Repairs of $10,000
  • Dollar General Has Been at This Location Since 2005 | Tenant is Only Paying $5.65 PSF

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Dollar General - 6.75 Yr. NN | $784,615

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

9014

STORIES

1

YEAR BUILT

2005

SPRINKLERS

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PARKING SPACES

32

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

R-061-9021-0001