7728 Lockwood Dr - Freestanding FOR SALE
Houston, TX 77016 |
7728 Lockwood Dr
Houston, TX 77016
HIGHLIGHTS
- Single Tenant NN+ | Houston MSA | 2% Co-Broker Fee
- 10% Rent Increases Every 5 Years
- Investment Grade Tenant - Rated BBB by S&P; Dollar General operates 20,000+ stores in 48 states with over 186,000 employees
- Prime Location - Located on a hard corner at lighted intersection and less than 1 mile from I-45 (240,457 VPD)
- Lease Security - Dollar General (DG) signed a 5 year lease extension through 2029, highlighting DG's stability and commitment to the location
- Dense Retail Corridor - 260K+ population in a 5 mile radius in a large, growing city with a low cost of living and doing business
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront, Supermarket
TOTAL BUILDING SIZE
9100
STORIES
1
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
1315870010001
