Log In/Sign Up
Your email has been sent.
Dollar Tree | Abs NNN 201 W Mulberry St 9,180 SF Retail Building Angleton, TX 77515 $2,308,624 CAD ($251.48 CAD/SF) 8.50% Cap Rate
Investment Highlights
- Over 4 Years Remaining | Options To Extend |Scheduled Rental Increases
- Dense Retail Corridor | High Traffic Area | Four Corners Shopping Center | Angleton Shopping Center
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased Dollar Tree investment property located in Angleton, Texas. The Dollar Tree benefits from a corporate guaranty from Family Dollar and has over 4 years of lease term remaining with 6 (5-year) options to extend, demonstrating the tenant’s long-term commitment to the site. The lease features 10% rental increases at the beginning of each option period, steadily growing NOI and providing a hedge against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
B
Year Built
2015
Price
$2,308,624 CAD
Price Per SF
$251.48 CAD
Cap Rate
8.50%
NOI
$196,195 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.36 AC
Zoning
C-G - Commercial-General
Parking
46 Spaces (5.01 Spaces per 1,000 SF Leased)
Frontage
117’ on W. Mulberry St
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1310-0278-000 | Improvements Assessment | $2,160,492 CAD |
| Land Assessment | $1,142,377 CAD | Total Assessment | $3,302,869 CAD |
Property Taxes
Parcel Number
1310-0278-000
Land Assessment
$1,142,377 CAD
Improvements Assessment
$2,160,492 CAD
Total Assessment
$3,302,869 CAD
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Dollar Tree | Abs NNN | 201 W Mulberry St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.