Log In/Sign Up
Your email has been sent.
Family Dollar 601 W Upshur Ave 7,830 SF Retail Building Gladewater, TX 75647 $682,397 CAD ($87.15 CAD/SF) 9% Cap Rate
Investment Highlights
- ±4 years remaining and two 5-year renewal options.
- Priced at $499,000 with a 9.00% cap rate and $44,550 annual NOI.
- 10% rent increases in each renewal option period for long-term growth.
- Priced at $499,000 with a 9.00% cap rate and $44,550 annual NOI.
- ±7,830 SF building on ±0.49 acres along Gladewater’s main retail corridor.
- Necessity-based retail model ensures consistent consumer demand in all cycles.
Executive Summary
Broker of Record
Patrick Graham
License # 9005919, 528005 (TX)
Matthews Real Estate Investment Services, LLC
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
Patrick Graham
License # 9005919, 528005 (TX)
Matthews Real Estate Investment Services, LLC
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,830 SF
Building Class
B
Year Built
1961
Price
$682,397 CAD
Price Per SF
$87.15 CAD
Cap Rate
9%
NOI
$61,416 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.49 AC
Opportunity Zone
Yes
Zoning
F1 - Commercial
Amenities
- Corner Lot
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 31830 | Improvements Assessment | $204,624 CAD |
| Land Assessment | $28,992 CAD | Total Assessment | $233,615 CAD |
Property Taxes
Parcel Number
31830
Land Assessment
$28,992 CAD
Improvements Assessment
$204,624 CAD
Total Assessment
$233,615 CAD
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Family Dollar | 601 W Upshur Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.