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Available For Sale - Retail

9,100 SF | Show Pricing $

AVAILABILITY DETAILS

Size
9,100 SF
Price/SF
Show Pricing $
Listing ID
SA440813
Notes
PRICE | CAP RATE: $1,414,082 | 6.10%

NET OPERATING INCOME: $85,552

BUILDING AREA: 9,100+ Square Feet

LAND AREA: 1.06+ Acres

YEAR BUILT : 2018

OWNERSHIP: Fee Simple Interest

OCCUPANCY: 100%

CONSTRUCTION TYPE: Metal Construction,

Concrete Block Facade,

Concrete Parking Lot



Property. Brand new Dollar General, 9,100+ SF buildin g on 1.06+ acre site. Metal Construction, Concrete Block Facade, Concrete Parking Lot.

Tenant. S&P Rating BBB, operates 15,000+ stores in 44 states. Ranked 159th within the Fortune 500 Companies. Fiscal 2017 revenues exceeded $23.5 billion.

Lease structure. Corporate, 15-year, absolute NNN lease scheduled to begin May 2018, with 10% rent increases at the beginning of each option.

Location. Dollar General is situated along FM 4 (5,000 VPD) in Cleburne, TX. FM 4 is a local thoroughfare that serves Cleburne and the surrounding communities,

as well as provide direct access to downtown Cleburne. The site will benefit as it the only variety store within a 5-mile radius, and will directly serve the east Cleburne

community. The immediate trade area features high average household incomes of $82,798 within a 1-mile radius. Additionally, several national credit tenants are in

close approximation to the subject property such as Walmart, Bealls, Kroger, HEB, Discount Tire AutoZone, Napa, O’Reilly, Firestone, Sherwin Williams Walgreens,

CVS, McDonald’s, Whataburger, WingStop, Starbucks, Jack in the Box, Dairy Queen, Taco Bell, Dairy Queen, Subway, and many more. The city of Cleburne is

located approximately 30-miles south of Fort Worth and 49-miles southwest of Dallas.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Justin Smith, Lee & Associates