1100 S Main St - Freestanding FOR SALE


Stinnett, TX 79083
$1,277,060 USD
775-336-4662
1100 S Main St, Stinnett, TX for Sale
$1,277,060 USD
Freestanding - FOR SALE
1/8
null | 7.55% Cap Rate

1100 S Main St
Stinnett, TX 79083


HIGHLIGHTS

  • 1031 exchange with a Dollar General property in Stinnett, Texas
  • Lease is backed by Dollar General
  • Lease has 8 years remaining

OVERVIEW

NAI is pleased to present the potential for a purchase or 1031 exchange with a Dollar General property in Stinnett, Texas. The lease is backed by Dollar General, a NYSE-listed company (NYSE: DG) with a strong Moody’s rating (Baa2), offering an absolute NNN (Triple Net) lease structure for passive income with zero landlord responsibilities. The lease has 8 years remaining, with three (5) year options featuring 10% increases every 5 years. Dollar General serves essential needs in Stinnett, near Amarillo, benefiting from its strategic location near state capitals.

FOR SALE DETAILS

PRICE

$1,277,060 USD

PRICE/SF

$142 USD /SF

CAP RATE

7.55%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

C

APN/PARCEL ID

1598

ASK ABOUT THIS PROPERTY

Kelly BlandNAI AllianceMore Info
775-336-4662

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Kelly BlandNAI AllianceMore Info
775-336-4662

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