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700 S Arkansas Ave 9,100 SF Retail Building Bloomburg, TX 75556 $1,496,546 CAD ($164.46 CAD/SF) 7.20% Cap Rate
Investment Highlights
- Dollar General plans to modernize and remodel interior in 2026! Shows commitment to location.
- Close Proximity to Bloomburg ISD schools, City of Bloomburg High School and Elementary
- 8.5 Years Remaining on original 15 year lease until 10/31/2034!
Executive Summary
Dollar General plans to modernize and remodel interior in 2026! Shows commitment to location.
8.5 Years Remaining on original 15 year lease until 10/31/2034! Plus 15 years more of options at low rent.
Close Proximity to Bloomburg ISD schools, City of Bloomburg High School and Elementary
Northeast Texas has consistently been a very strong market for Dollar General. Bloomburg is located 27 miles south of Texarkana, Texas (Texarkana has an MSA population of 67,500 people)
Texas Air Salvage Co. (www.texasairsalvage.com)is based in Bloomburg. The company offers aircraft parts, aircraft salvage, used aircraft engines, used avionics, project aircraft and complete flying airplanes.
Bloomburg is home to the Cullen Baker Country Fair, held every year on the first Saturday in November. This large family event and has a parade, craft/food booths, a pageant, and rodeo.
Dollar General: S&P BBB+ Rated, publicly trades on New York Stock Exchange as Symbol DG | Market Capitalization Exceeds $30 Billion
8.5 Years Remaining on original 15 year lease until 10/31/2034! Plus 15 years more of options at low rent.
Close Proximity to Bloomburg ISD schools, City of Bloomburg High School and Elementary
Northeast Texas has consistently been a very strong market for Dollar General. Bloomburg is located 27 miles south of Texarkana, Texas (Texarkana has an MSA population of 67,500 people)
Texas Air Salvage Co. (www.texasairsalvage.com)is based in Bloomburg. The company offers aircraft parts, aircraft salvage, used aircraft engines, used avionics, project aircraft and complete flying airplanes.
Bloomburg is home to the Cullen Baker Country Fair, held every year on the first Saturday in November. This large family event and has a parade, craft/food booths, a pageant, and rodeo.
Dollar General: S&P BBB+ Rated, publicly trades on New York Stock Exchange as Symbol DG | Market Capitalization Exceeds $30 Billion
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,100 SF
Building Class
C
Year Built
2019
Price
$1,496,546 CAD
Price Per SF
$164.46 CAD
Cap Rate
7.20%
NOI
$107,761 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
3.18 AC
Zoning
D1
Parking
31 Spaces (3.41 Spaces per 1,000 SF Leased)
Frontage
197’ on Arkansas Ave
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 110150015000030000000 | Improvements Assessment | $946,964 CAD |
| Land Assessment | $59,864 CAD | Total Assessment | $1,006,828 CAD |
Property Taxes
Parcel Number
110150015000030000000
Land Assessment
$59,864 CAD
Improvements Assessment
$946,964 CAD
Total Assessment
$1,006,828 CAD
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700 S Arkansas Ave
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