This property is under contract
Dollar General Market
Lyford,
TX
PROPERTY INFORMATION
PRICE SUMMARY
$ 2230790
CAP RATE
6.7 %
NOI
$ 149463
TOTAL LOT SIZE
2.16 Acres
BUILDING SIZE
10640 SF
PROPERTY HIGHLIGHTS
- Brand New Dollar General Market in Lyford, TX - Relocation Store
- 15-Year Absolute NNN Lease With Zero Landlord Responsibilities
- 5% Rental Increase Every 5 Years Throughout Primary Term and Options
- Large 2.16-Acre Cornet Lot at the Intersection of Business 77 and 8th Ave With Combined Traffic Counts of 4,000+ VPD, Easy Access From Interstate Hwy 69E
- Healthy 5-Mile Demographics for a Dollar Store With 13,000+ Residents
- Limited Retail Competition - Primary Source of Retail Goods in the Area, the Only Dollar Store Within 4-Mile Radius
- 10,640 Square Foot Prototype That Accommodates a Larger Volume of Customers
- Strong Corporate Guaranty by Dollar General Corporation, With an S&P Credit Rating of BBB
Dollar General Market
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TBD Business 77 / 8th Avenue,
Lyford,
TX
78569
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POINT OF CONTACT
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