Dollar General | Dollar General - 106 3rd Street
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Dollar General Dollar General - 106 3rd Street
9,100 SF Retail Building Wortham, TX 76693 $1,244,867 ($137/SF) 6.80% Cap Rate
Investment Highlights
- NNN Leased Corporate Guaranteed +/- 9,100 SF Building
- Minimum Landlord Responsibilities
- Long Term Lease - Initial 15 Year Lease Expires August 31, 2031
Executive Summary
eXp Commercial is pleased to present this +/- 9,100 SF NNN Leased Single Tenant Building located in Wortham, TX. The property sits
on an approximate 0.69 acre parcel. The Tenant, Dollar General, occupies the property through August 31, 2031. The Tenant has
Three (3) - Five (5) Year Options to Extend at Ten Percent (10%) base rental increases. The property is located on N 3rd Street with an estimated 5,000 AADT and is surrounded by a residential community. With minimal Landlord responsibilities, this is an outstanding long term investment opportunity.
on an approximate 0.69 acre parcel. The Tenant, Dollar General, occupies the property through August 31, 2031. The Tenant has
Three (3) - Five (5) Year Options to Extend at Ten Percent (10%) base rental increases. The property is located on N 3rd Street with an estimated 5,000 AADT and is surrounded by a residential community. With minimal Landlord responsibilities, this is an outstanding long term investment opportunity.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,100 SF
Building Class
B
Year Built
2016
Price
$1,244,867
Price Per SF
$137
Cap Rate
6.80%
NOI
$84,651
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Land Acres
0.69 AC
Amenities
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Dollar General
- Retailer
- 9,100 SF
- -
- Triple Net
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Dollar General | Retailer | 9,100 SF | - | Triple Net | - |
PROPERTY TAXES
| Parcel Number | 24685 | Improvements Assessment | $461,947 |
| Land Assessment | $6,529 | Total Assessment | $468,476 |
PROPERTY TAXES
Parcel Number
24685
Land Assessment
$6,529
Improvements Assessment
$461,947
Total Assessment
$468,476
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Jon Bias -
Paul Frank -
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Dollar General | Dollar General - 106 3rd Street
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