Dollar General | Corp Abs NNN w/ 9+ Yrs | 2711 Boonville Rd
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Dollar General | Corp Abs NNN w/ 9+ Yrs 2711 Boonville Rd
9,020 SF Retail Building Bryan, TX 77808 $2,030,616 CAD ($225 CAD/SF) 6% Cap Rate
Investment Highlights
- 9+ Years Remaining | Scheduled Rental Increases | Corporate Guaranteed
- Near Signalized, Hard Corner Intersection | State Hwy 6 | Bryan Towne Center | Dense Retail Corridor | Nearby Schools
- Absolute NNN Leased | Fee Simple Ownership | No Landlord Responsibilities
- Local Demographics in 5-mile Trade Area | Six-Figure Incomes
Executive Summary
• Dollar General has 9+ years remaining on their current lease with 2 (5-year) options to extend
• The lease features 10% rental increases at the beginning of each option
• The subject property is near the signalized, hard corner intersection of Boonville Rd and Briarcrest Dr which average a combined 34,600 VPD
• Other nearby national/credit tenants include Chick-fil-A, Walmart Supercenter, Lowe’s, Kroger, Sonic, McDonald’s, and many more
• More than 139,000 residents and 94,000 employees support the trade area
• The lease features 10% rental increases at the beginning of each option
• The subject property is near the signalized, hard corner intersection of Boonville Rd and Briarcrest Dr which average a combined 34,600 VPD
• Other nearby national/credit tenants include Chick-fil-A, Walmart Supercenter, Lowe’s, Kroger, Sonic, McDonald’s, and many more
• More than 139,000 residents and 94,000 employees support the trade area
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,020 SF
Building Class
B
Year Built
2005
Price
$2,030,616 CAD
Price Per SF
$225 CAD
Cap Rate
6%
NOI
$121,871 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.38 AC
Zoning
C-2 - Retail District
Parking
37 Spaces (4.1 Spaces per 1,000 SF Leased)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 37505 | Improvements Assessment | $1,108,005 CAD |
| Land Assessment | $317,544 CAD | Total Assessment | $1,425,550 CAD |
PROPERTY TAXES
Parcel Number
37505
Land Assessment
$317,544 CAD
Improvements Assessment
$1,108,005 CAD
Total Assessment
$1,425,550 CAD
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Dollar General | Corp Abs NNN w/ 9+ Yrs | 2711 Boonville Rd
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