5829 Highway 27 | Center Point, TX 78010
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- LoopNet Team
5829 Highway 27
Center Point, TX 78010
Dark Family Dollar Center Point TX · Retail Property For Sale
Investment Highlights
- Owner-User, Development, & Value Add Opportunity
- At year 11 of lease (next year) the rent shall increase by 10% significantly increasing return for an investor over the remaining base term.
- Absolute NNN Lease Landlord to benefit from fully passive ownership structure
- With 6.5 years remaining, investors get the benefit of substantial cashflow while they work to improve the asset in the future.
- Attractive Cash Flow - Asset available at a competitive cap rate with income guaranteed by Family Dollar Corporate
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,353 SF
Building Class
C
Year Built
2015
Percent Leased
100%
Building Height
1 Story
Building FAR
0.19
Lot Size
0.99 AC
Zoning
Kerr County
PROPERTY TAXES
| Parcel Number | R68193 | Improvements Assessment | $349,915 |
| Land Assessment | $286,713 | Total Assessment | $636,628 |
PROPERTY TAXES
Parcel Number
R68193
Land Assessment
$286,713
Improvements Assessment
$349,915
Total Assessment
$636,628
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