809 E Park Ave - Freestanding FOR SALE


Hereford, TX 79045
$600,000 USD
972-755-5244
809 E Park Ave, Hereford, TX for Sale
$600,000 USD
Freestanding - FOR SALE
1/2
null | 7.5% Cap Rate

809 E Park Ave
Hereford, TX 79045


HIGHLIGHTS

  • Over 20 Years of Operating History
  • Limited Landlord Responsibility and Well Maintained by Landlord - Double Net Lease
  • Little to None Dollar Store Competition in the Immediate area
  • Partial Reimbursement for Outside Store Maintenance Including Parking Lot and HVAC Repairs as Needed

OVERVIEW

The subject property is a 8,125 square foot investment property on .80 Acres in Hereford, Texas. The property is leased to Dollar General and has over a 20 year track record

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

-

APN/PARCEL ID

1113

ASK ABOUT THIS PROPERTY

Blake BurnettMarcus & MillichapMore Info
972-755-5244

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Blake BurnettMarcus & MillichapMore Info
972-755-5244

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