Cap Rate
6%
Year Built
2017
Leasable Area
9,037 SF
Term Remaining
±8.95 Yrs
NOI
$90,690
Property Type
Retail
INVESTMENT HIGHLIGHTS
- 2017 build-to-suit construction for Dollar General
- Over 8.95 years remaining on an original 15-year Absolute NNN lease
- Azle, TX is located within the DFW Metroplex
- DFW Metro is Ranked #4 Largest Metropolitan in the entire USA (7.6 Million Residents)
- Excellent visibility and access off FM 730 which exceeds over 8,485 vehicles per day
- Absolute NNN Lease | Zero Landlord Responsibilities
- Heavy Foot traffic from Eagle Mountain Lake
- Corporately Guaranteed by Dollar General Corporation
- Three, 5-year renewal periods, all of which include attractive 10% rental increases
- Five Mile Population | 20,735
- Five Mile Household Income | $95,204
- Tax free State – No state income tax in Texas
Broker of Record
- Kyle Matthews
- License No. 9005919 (TX)
- 866 889 0550
- Matthews Real Estate Investment Services, Inc.
- 8300 Douglas Ave.,
Ste 750, Dallas, TX 75225