7665 U.S. 96 N hwy - Freestanding FOR SALE


Brookeland, TX 75931
$850,000 USD
817-328-5223
7665 U.S. 96 N hwy, Brookeland, TX for Sale
$850,000 USD
Freestanding - FOR SALE
1/5
null | 11.86% Cap Rate

7665 U.S. 96 N hwy
Brookeland, TX 75931


HIGHLIGHTS

  • 11.86% CAP Dark Texas Dollar Tree / Family Dollar
  • 7+ Years Remaining of Corporately Guaranteed Rent Payments
  • $740,000 in Remaining Lease Income - 85% of the Purchase Price
  • Tenant Fully Responsible for Fully Reimbursing Landlord for Insurance, Property Taxes and Tenant Maintains Landscaping Directly
  • Subject Property is Located Off of U.S, Hwy 96 Which Generated Traffic Counts of 5,360+ VPD
  • Dollar Tree (NYSE: DLTR) is a Fortune 500 Company With a Credit Rating of BBB (S&P)

OVERVIEW

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Family Dollar/Dollar Tree in Brookeland, TX. The subject property has 7+ years of firm term remaining and tenant has given landlord notice for vacating the store but will continue to fully honor their lease obligations. It is an attractive high yield investment opportunity with several years remaining on lease. The property is located adjacent to Sam Rayburn Lake.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$81 USD /SF

CAP RATE

11.86%

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Texas FD/DT Combo Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

-

APN/PARCEL ID

R006032696

ASK ABOUT THIS PROPERTY

Eric KelleyTrinity Real Estate Investment Services, LLCMore Info
817-328-5223

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

Eric KelleyTrinity Real Estate Investment Services, LLCMore Info
817-328-5223

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