PROPERTY FOR SALE
DOLLAR GENERAL 9,100 sf // SINGLE-TENANT INVESTMENT OPPORTUNITY // HEARNE, TEXAS • • • • •
Low maintenance NNN-lease property Ideal location adjacent to Brookshire Brothers Stable cash-flow with modest risk Top performing Dollar General of 18-store district Brookshire Brothers & Dollar General are the mainstays for the market
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DOLLAR GENERAL
EXECUTIVE SUMMARY
INVESTMENT OVERVIEW TOTAL SIZE (NRSF):
9,100 square feet
LAND AREA:
0.901 acres (39,248 sf)
YEAR BUILT:
2003
MARKET RENT:
$3.63 per square foot
PHYSICAL OCCUPANCY:
100.0%
NOI $32,390
TAX INFORMATION TAXING AUTHORITY:
Robertson County / Robertson County EMSD / Hearne ISD / City of Hearne
ASSESSED VALUE (2011):
$296,510
EFFECTIVE TAX RATE:
2.470%
UTILITIES
Provider
ELECTRICITY:
City of Hearne
WATER:
City of Hearne
SEWER:
City of Hearne
GAS:
City of Hearne
CONSTRUCTION DETAILS ZONING:
Commercial
IMPROVEMENTS:
9,100 NRSF (1 building, 1 story)
BUILDING EXTERIOR:
Framing with metal siding
ROOF:
Slightly pitched
PARKING TOTAL SPACES:
28 spaces total
PARKING RATIO:
1:325 square feet (3.08 spaces per 1,000 sf)
EDGE Realty Capital Markets
Cap Rate 8.52%
Asking Price $380,000
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DOLLAR GENERAL Hearne High School
Hearne ISD
Images are provided for orientation purposes. Aerials and maps are provided by Google Earth. This represents the latest configuration. No property line is represented. Tours must be scheduled with a transaction specialist named below.
DOLLAR GENERAL 901 WEST 2ND STREET, HEARNE, TEXAS ASKING PRICE/ CAP RATE: $380,000/ 8.52%
For additional information, please contact: Brandon Beeson 214 545 6916
[email protected] Steven Smith 214 545 6933
[email protected]