Log In/Sign Up
Your email has been sent.
4620 Fm 10 9,026 SF Retail Building Gary, TX 75643 $1,798,335 CAD ($199.24 CAD/SF) 6.50% Cap Rate
Executive Summary
6-YEAR OPERATING HISTORY | 9 YEARS REMAINING |
CORPORATE GUARANTEED
• Dollar General has operated at this location for 6 years and has 9 years
remaining on their current lease with 3 (5-year) options to extend
• The lease features 10% increases at the beginning of each option, growing NOI
and hedging against inflation
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade
(S&P: BBB), nationally recognized, and an established discount store with more
than 20,580 location as of May 2025
ABSOLUTE NNN | FEE SIMPLE OWNERSHIP |
ZERO LANDLORD RESPONSIBILITIES
• Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
• No landlord responsibilities
• Ideal, management-free investment for a passive investor
CORPORATE GUARANTEED
• Dollar General has operated at this location for 6 years and has 9 years
remaining on their current lease with 3 (5-year) options to extend
• The lease features 10% increases at the beginning of each option, growing NOI
and hedging against inflation
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade
(S&P: BBB), nationally recognized, and an established discount store with more
than 20,580 location as of May 2025
ABSOLUTE NNN | FEE SIMPLE OWNERSHIP |
ZERO LANDLORD RESPONSIBILITIES
• Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
• No landlord responsibilities
• Ideal, management-free investment for a passive investor
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Building Size
9,026 SF
Building Class
B
Year Built
2020
Price
$1,798,335 CAD
Price Per SF
$199.24 CAD
Cap Rate
6.50%
NOI
$116,895 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.33 AC
Zoning
01
Property Taxes
| Parcel Number | 8462 | Improvements Assessment | $537,163 CAD |
| Land Assessment | $40,698 CAD | Total Assessment | $577,861 CAD |
Property Taxes
Parcel Number
8462
Land Assessment
$40,698 CAD
Improvements Assessment
$537,163 CAD
Total Assessment
$577,861 CAD
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
4620 Fm 10
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.