Sale Information

Asking Price: $1,767,738

Building Size: 9,100 SQ FT

Lot Size: 88862

Cost per Square Foot: $194.26

Cap Rate: 6.10%

NOI: $107,832.00

Property Overview

Trinity REIS is pleased to present the opportunity to acquire a New Development, Absolute NNN Lease Dollar General in Baytown, Texas. Dollar General's lease is set to commence July 2019.

Built: 2019

Occupancy: 100%

Property Details

Key Points: New Development Dollar General - Rent to Commence in July Strong Demographics - 24,000+ 5 Mile Population Explosive Growth in the Area - Population Has Doubled Since 2000 - 3% Annual Growth Projected Next 5 Years Very Strong Local Economy - Average HH Income Over $110,000 within 3 Miles of Property Store is Located Directly Across Street from Affluent Neighborhood in Desirable School District with Projected 3% Annual Appreciation for Residential Properties Direct Access to Interstate 10 (80,000+ VPD)

Broker Information

Trinity Real Estate Investment Services
Branson Blackburn

b.blackburn@trinityreis.com

www.trinityreis.com/

More From Trinity Real Estate Investment Services