841 W US Highway 79 - Retail FOR SALE


Rockdale, TX 76567
$2,371,000 USD
859-907-2006
841 W US Highway 79, Rockdale, TX for Sale
$2,371,000 USD
Retail - FOR SALE
1/7
null | 7.25% Cap Rate

841 W US Highway 79
Rockdale, TX 76567


HIGHLIGHTS

  • 2024 Build-to-Suit Development
  • New 10 Year Lease
  • Minimal Landlord Responsibilities
  • Four 5-year Renewals with Scheduled Rent Increases
  • Corporate Guaranty by Dollar Tree, Inc. (NASDAQ: DLTR)
  • Growing Market an Hour Outside Austin

OVERVIEW

The Ficke Team at Colliers is pleased to present the newly constructed, 10,000 SF freestanding Dollar Tree store, located at 841 W US Highway 79, Rockdale, Texas. This property represents a unique investment opportunity, featuring a 2024 build-to-suit construction tailored to Dollar Tree’s operational standards. The asset is backed by a newly signed ten (10) year lease, structured as a Double Net (NN) lease that minimizes landlord responsibilities, offering a hassle-free investment for potential buyers. The lease is corporately guaranteed from Dollar Tree which holds a credit rating of “BBB”, which is classified Investment Grade. The subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Dollar Tree store. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, one of the nation’s top dollar stores. Rockdale, Texas, is a dynamic and expanding market located just an hour outside of Austin. The area benefits from its proximity to one of the fastest-growing metropolitan regions in the country, attracting steady population and economic growth. These factors, combined with the synergy of neighboring national retailers, underscore the long-term value and growth potential of this premier investment property.

FOR SALE DETAILS

PRICE

$2,371,000 USD

PRICE/SF

$237 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Geoff FickeColliersMore Info
859-907-2006

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Geoff FickeColliersMore Info
859-907-2006

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