611 Grant Ave - Convenience Store FOR SALE


Strawn, TX 76475
$1,259,000 USD
949-278-6645
611 Grant Ave, Strawn, TX for Sale
$1,259,000 USD
Convenience Store - FOR SALE
1/6
null | 6.35% Cap Rate

611 Grant Ave
Strawn, TX 76475


HIGHLIGHTS

  • 9+ Years Remaining on a 15 Year Lease
  • Absolute NNN Lease (Zero Landlord Responsibilities)
  • 2019 Construction
  • Three (5) Yr. Options to Renew at 10% each Option Period

OVERVIEW

New lease and construction as of 2019. Over nine years remaining on a 15 year lease. Three (5) year options to renewal at 10% each option period. Absolute Triple Net Corporate Guaranteed Lease. For more details, download the Offering Memorandum from the Property Website https://property.creop.com/41975/

FOR SALE DETAILS

PRICE

$1,259,000 USD

PRICE/SF

$168 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Absolute NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

39,988 SF

ZONING

-

APN/PARCEL ID

3031

ASK ABOUT THIS PROPERTY

John GessfordFirst Team Real EstateMore Info
949-278-6645

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John GessfordFirst Team Real EstateMore Info
949-278-6645

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