170 Bear Springs Rd | Pipe Creek, TX 78063
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170 Bear Springs Rd
Pipe Creek, TX 78063
Dollar General · Retail Property For Sale
Investment Highlights
- Approximately 10.5 Years Remaining in the Initial 15 Year Lease Term
- Absolute NNN Lease with ZERO Management Responsibilities
- 7-Mile Trade Area = 10,600 Residents (2.11% Annual Population Growth); $71,857 Average Household Income
- 2015 Construction - 9,100 SF - Corner Entry Layout/Design
- Pipe Creek is located 44 miles northwest of San Antonio, TX; 100 miles southwest of Austin, TX; and 210 miles southwest of Waco, TX
- Dollar General (NYSE: DG) Features Investment Grade Credit "BBB" by Standard & Poor's | Recession Resistant Tenant
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.61 AC
Zoning
Commercial
Parking
35 Spaces (3.85 Spaces per 1,000 SF Leased)
Frontage
82 FT on Bear Springs Road
Amenities
- Pylon Sign
About 170 Bear Springs Rd , Pipe Creek, TX 78063
The subject property is strategically located along the main thoroughfare in town - Texas State Highway 16 (9,972 vehicles per day) - at the intersection of Bear Springs Road. Pipe Creek is located 44 miles northwest of San Antonio, TX; 100 miles southwest of Austin, TX; 210 miles southwest of Waco, TX; and 240 miles west of Houston, TX. The 7-mile trade area is supported by a growing population of 10,600 residents with an average household income of $71,857.
PROPERTY TAXES
| Parcel Number | 188605 | Improvements Assessment | $1,406,290 |
| Land Assessment | $93,710 | Total Assessment | $1,500,000 |
PROPERTY TAXES
Parcel Number
188605
Land Assessment
$93,710
Improvements Assessment
$1,406,290
Total Assessment
$1,500,000
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