2726 Western Ave - Freestanding FOR SALE
West Orange, TX 77630 |
$1,296,839 USD
732-832-5414
2726 Western Ave
West Orange, TX 77630
HIGHLIGHTS
- List price of $1,296,839 yielding a 7.15% cap rate
- Over 10.20 years remaining on the primary term including Four, 5-Year options with 10% rental increases at the start of each option period
- 2020 built-to-suit construction for Dollar General
- The property is 1.33 acres including a concrete parking lot with 28 spaces.
- Absolute NNN lease with no management responsibilities, making this a perfect investment for passive investors
- Corporate guaranty from Dollar General Corporation, a fortune 500, investment grade (S&P: BBB) tenant. Dollar General has over 21,000 locations nation
OVERVIEW
Edward DeSimone in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code
Broker of Record
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
FOR SALE DETAILS
PRICE
$1,296,839 USD
PRICE/SF
$143 USD /SF
CAP RATE
7.15%
% 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
2020
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
CM
APN/PARCEL ID
-
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732-832-5414
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732-832-5414
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