Family Dollar 17025 Highway 154
9,180 SF Retail Building Harleton, TX 75651 $910,850 ($99/SF) 8.50% Cap Rate
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INVESTMENT HIGHLIGHTS
- Family Dollar with 3+ Years Remaining on Current Term
- No Caps on Insurance or Property Tax Reimbursements
- Located in Income-Tax Free State of Texas
- NN Lease With Minimal Landlord Responsibilities
- Commitment to Locations - Family Dollar Has Recently Executed Options While Paying Increase in Rents
- Subject Property Located Across the Street From Local HS and Elementary School - Great Customer Traffic Base
EXECUTIVE SUMMARY
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Family Dollar in Harleton, Texas. The tenant has recently executed options showing commitment to the site.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
B
Year Built
2007
Price
$910,850
Price Per SF
$99
Cap Rate
8.50%
NOI
$77,422
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.09 AC
Zoning
C - Commercial
Parking
40 Spaces (4.36 Spaces per 1,000 SF Leased)
Frontage
262 FT on Hwy 154
AMENITIES
- Signage
PROPERTY TAXES
Parcel Number | R010088516 | Improvements Assessment | $801,060 |
Land Assessment | $40,430 | Total Assessment | $841,490 |