8800 FM 365 Rd - Storefront FOR SALE


Beaumont, TX 77705- South Beaumont
$1,083,857 USD
332-345-4222
8800 FM 365 Rd, Beaumont, TX for Sale
$1,083,857 USD
Storefront - FOR SALE
1/2
null | 7% Cap Rate

8800 FM 365 Rd
Beaumont, TX 77705
South Beaumont


HIGHLIGHTS

  • NNN Lease With Zero Landlord Responsibilities | The investment property features an original absolute triple-net (NNN) 15-year lease
  • Strong Investment Grade Company | Dollar General holds an S&P investment-grade credit rating of BBB, underscoring its financial stability
  • Backed by Solid Guarantee | The subject property is supported by a robust guarantee from Dollar General, a leading retailer with over 19,640 stores

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Dollar General located at 8800 Farm to Market Road 365, Beaumont, Texas 77705. The site consists of roughly 10640 rentable square feet of building space on an estimated 1.5-acre parcel of land. This Dollar General is subject to a 15-year Triple Net (NNN) lease, which commenced 3/1/2019. The current annual rent is $75,870 and has scheduled increases of 10.00% at Each Period.

FOR SALE DETAILS

PRICE

$1,083,857 USD

PRICE/SF

$102 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,520 SF

ZONING

C

APN/PARCEL ID

034448-000-000100-00000

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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