This property is under contract
Vacant Family Dollar With 7 Years of Guaranteed Rent Payments
Brookeland,
TX
PROPERTY INFORMATION
PRICE SUMMARY
$ 850000
CAP RATE
11.86 %
NOI
$ 100800
TOTAL LOT SIZE
1.13 Acres
BUILDING SIZE
10500 SF
PROPERTY HIGHLIGHTS
- 11.86% CAP Dark Texas Dollar Tree / Family Dollar
- 7+ Years Remaining of Corporately Guaranteed Rent Payments
- $740,000 in Remaining Lease Income - 85% of the Purchase Price
- Tenant Fully Responsible for Fully Reimbursing Landlord for Insurance, Property Taxes and Tenant Maintains Landscaping Directly
- Subject Property is Located Off of U.S, Hwy 96 Which Generated Traffic Counts of 5,360+ VPD
- Dollar Tree (NYSE: DLTR) is a Fortune 500 Company With a Credit Rating of BBB (S&P)
Vacant Family Dollar With 7 Years of Guaranteed Rent Payments
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7665 U.S. Highway 96 S,
Brookeland,
TX
75931
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POINT OF CONTACT
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