605 Harris St - Freestanding FOR SALE


Morgan, TX 76671
$1,231,000 USD
214-915-8890
605 Harris St, Morgan, TX for Sale
$1,231,000 USD
Freestanding - FOR SALE
1/3
null | 6.5% Cap Rate

605 Harris St
Morgan, TX 76671


HIGHLIGHTS

  • 2019 Construction. 9,100+/- SF Building on 1.35+/- AC
  • About 50 Miles South of the Dallas-Fort Worth Metroplex and 30 Miles from Waco, TX
  • 7 Miles from Lake Whitney – A Popular Destination Designated as the “Getaway Capital of Texas” by the Texas Legislature
  • Limited Competition – This Dollar General is One of Only Two Grocery Options in the Morgan Area
  • Dollar General is a Fortune 500 Company and One of the Largest Discount Retailers in the U.S., With 20,400+ Locations Nationwide
  • Morgan | Located in the Dallas-Fort Worth Metroplex | MSA Population: 8.3M+

OVERVIEW

9-Years Remaining on Corporate Absolute NNN Lease with (3) 5-Year Options to Renew

FOR SALE DETAILS

PRICE

$1,231,000 USD

PRICE/SF

$135 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,806 SF

ZONING

-

APN/PARCEL ID

R40143

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 Policy.