401 W Hwy 107 - Freestanding FOR SALE


La Villa, TX 78562
$1,283,016 USD
914-400-4453
401 W Hwy 107, La Villa, TX for Sale
$1,283,016 USD
Freestanding - FOR SALE
1/1
null | 6.4% Cap Rate

401 W Hwy 107
La Villa, TX 78562


HIGHLIGHTS

  • ABS. NNN | 15-YEAR LEASE | 10% RENT INCREASES | THREE, 5-YEAR OPTIONS | TAX-FREE STATE
  • INVESTMENT GRADE TENANT | (NYSE: DG) | CREDIT RATING (S&P: BBB) | CORPORATE GUARANTEE | 20K+ STORES
  • LIMITED RETAIL COMPETITION | $72K+ 1-MILE HOUSEHOLD INCOME
  • STRATEGIC LOCATION

OVERVIEW

Offered for sale is a Dollar General located in La Villa, Texas. Dollar General is currently in year 7 of a 15-year Abs. NNN lease. The lease features 10% increases at each option with 3, 5-year options and a corporate guarantee. Texas is a tax-free state. In Association With: BJ Feller, TX Lic. #766542-B

FOR SALE DETAILS

PRICE

$1,283,016 USD

PRICE/SF

$141 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

CO

APN/PARCEL ID

L2088-00-000-0001-00

ASK ABOUT THIS PROPERTY

Nolan DunnNorthmarqMore Info
914-400-4453

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Nolan DunnNorthmarqMore Info
914-400-4453

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