Texas FD/DT Combo Store | 7665 U.S. 96 N hwy
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Texas FD/DT Combo Store 7665 U.S. 96 N hwy
10,465 SF Retail Building Brookeland, TX 75931 $1,208,700 CAD ($115 CAD/SF) 11.86% Cap Rate
Investment Highlights
- 11.86% CAP Dark Texas Dollar Tree / Family Dollar
- $740,000 in Remaining Lease Income - 85% of the Purchase Price
- Subject Property is Located Off of U.S, Hwy 96 Which Generated Traffic Counts of 5,360+ VPD
- 7+ Years Remaining of Corporately Guaranteed Rent Payments
- Tenant Fully Responsible for Fully Reimbursing Landlord for Insurance, Property Taxes and Tenant Maintains Landscaping Directly
- Dollar Tree (NYSE: DLTR) is a Fortune 500 Company With a Credit Rating of BBB (S&P)
Executive Summary
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Family Dollar/Dollar Tree in Brookeland, TX. The subject property has 7+ years of firm term remaining and tenant has given landlord notice for vacating the store but will continue to fully honor their lease obligations. It is an attractive high yield investment opportunity with several years remaining on lease. The property is located adjacent to Sam Rayburn Lake.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
10,465 SF
Year Built
2021
Price
$1,208,700 CAD
Price Per SF
$115 CAD
Cap Rate
11.86%
NOI
$143,338 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.13 AC
Frontage
253 ft on U.S. Highway 96 North
Amenities
- Signage
PROPERTY TAXES
Parcel Number | R006032696 | Improvements Assessment | $903,027 CAD |
Land Assessment | $127,980 CAD | Total Assessment | $1,031,007 CAD |
PROPERTY TAXES
Parcel Number
R006032696
Land Assessment
$127,980 CAD
Improvements Assessment
$903,027 CAD
Total Assessment
$1,031,007 CAD
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Texas FD/DT Combo Store | 7665 U.S. 96 N hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.