1212 US-287 BUS - Supermarket FOR SALE


Iowa Park, TX 76367
$2,641,000 USD
713-263-3981
1212 US-287 BUS, Iowa Park, TX for Sale
$2,641,000 USD
Supermarket - FOR SALE
1/3
null | 6.4% Cap Rate

1212 US-287 BUS
Iowa Park, TX 76367


HIGHLIGHTS

  • 2024 Construction. 12,687+/- SF Building on 1.451+/- Acre Site
  • High-Visibility Location on BUS 287J with Strong Traffic Counts
  • 1.5 Miles from Wichita Valley Airport
  • 7 Miles from Sheppard Air Force Base – Largest Training Base with Over 6,400 Employees & $3.5B of Economic Impact
  • E-Commerce Resistant Retailer Experiencing Explosive Growth – 20,000+ Stores with 800 More Planned to Open
  • Iowa Park | Midway Between Oklahoma City & Dallas/Fort Worth Metroplex | Wichita Falls Population: 102,761+

OVERVIEW

15-Year Corporate NNN Lease, Plus (5), 5-Year Options to Extend & 5% Rental Increases Every 5 Years

FOR SALE DETAILS

PRICE

$2,641,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Market

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Drug Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,162 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Edward BentonSecure Net LeaseMore Info
713-263-3981

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

Edward BentonSecure Net LeaseMore Info
713-263-3981

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