21820 FM 506 - Freestanding FOR SALE
Santa Rosa, TX 78593 |
$951,907 USD
214-347-7988
21820 FM 506
Santa Rosa, TX 78593
HIGHLIGHTS
- Over 6.5 years remaining on the current lease term
- Average household income of $77,423, considered to be a “sweet spot” for Dollar General
- Dollar General has operated at this location since 2005, proving a long term commitment to the site
- Three, 5-year options all of which include rental increases
- Texas is an income-tax free state
- 5 mile population in excess of 17,159 residents and 10 mile population in excess of 146,200 residents
FOR SALE DETAILS
PRICE
$951,907 USD
PRICE/SF
$106 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.47 AC
LAND SF
63,990 SF
ZONING
-
APN/PARCEL ID
855380-0950-020000
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214-347-7988
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214-347-7988
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