Discount
Dollar General
1926 FM1970, Clayton, TX 75637
Listing Price: $949,664
Cap Rate
7.75%
Tenant Name
Dollar General
Years Remaining On Lease
4.5
Guarantor
Corporate Guarantee
Rentable SF
9,026
Lease Type
Absolute Net
Rent Per Square Feet
$8.15
Investment Overview
This investment is being offered at $949,664 which represents a 7.75% cap rate.
Dollar General
Investment Highlights
- Absolute NNN Lease with 4.5 Years Remaining
- 9,026 Square Foot Built to Suit Protoype
- Low Rent and Price Point for Absolute NNN Product
- Just Outside of Tyler, TX MSA Which Has an Approximate Population of 245,000 People and is a Key Economic Hub for East Texas
- Store is Located on Highway 1970 which Leads Directly to Lake Marvaul
- Store is Positioned Directly off TX State Highway 315 Which is the Main Highway into Carthage, TX
- Full Concrete Parking Lot Providing Longer Term Durability to the Property
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director / Chief Revenue Officer
Listing Price: $949,664
Cap Rate
7.75%
Tenant Name
Dollar General
Years Remaining On Lease
4.5
Guarantor
Corporate Guarantee
Rentable SF
9,026
Lease Type
Absolute Net
Rent Per Square Feet
$8.15
Investment Highlights
- Absolute NNN Lease with 4.5 Years Remaining
- 9,026 Square Foot Built to Suit Protoype
- Low Rent and Price Point for Absolute NNN Product
- Just Outside of Tyler, TX MSA Which Has an Approximate Population of 245,000 People and is a Key Economic Hub for East Texas
- Store is Located on Highway 1970 which Leads Directly to Lake Marvaul
- Store is Positioned Directly off TX State Highway 315 Which is the Main Highway into Carthage, TX
- Full Concrete Parking Lot Providing Longer Term Durability to the Property
Investment Overview
This investment is being offered at $949,664 which represents a 7.75% cap rate.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director / Chief Revenue Officer
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