1002 S Eddy St - Storefront FOR SALE


Pecos, TX 79772
$673,145 USD
248-351-2005
1002 S Eddy St, Pecos, TX for Sale
$673,145 USD
Storefront - FOR SALE
1/5
null | 8.5% Cap Rate

1002 S Eddy St
Pecos, TX 79772


OVERVIEW

Addison Williams from CBRE is pleased to offer for sale an inline single-tenant net leased Family Dollar in Pecos, TX. Operating at this location since 1994, Family Dollar recently exercised its 6th extended term with over 5 years now remaining on the lease. Family Dollar has three 5-year options remaining, each with 10% rental escalations. The Lease is on a NN basis, whereby the majority of property expenses are paid for by Tenant. Landlord perennially collects additional income from the property through the Percentage Rent clause in the Lease.

FOR SALE DETAILS

PRICE

$673,145 USD

PRICE/SF

$59 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,933 SF

ZONING

-

APN/PARCEL ID

0007115

ASK ABOUT THIS PROPERTY

248-351-2005

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248-351-2005

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