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Family Dollar - Crockett, TX 703 S 4th St 9,180 SF Retail Building Crockett, TX 75835 $1,387,196 CAD ($151.11 CAD/SF) 8% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Corporate Guaranteed 5-Year Lease Term
  • Newer Construction - Built 2019
  • 5% Rent Increase at Renewals Every 5 Years
  • Strategic Location With No Grocery/Discount Store Competition
  • Close Proximity to Loop 304, the Primary Thoroughfare in Crockett
  • No Deferred Maintenance | Concrete Parking Lot

EXECUTIVE SUMMARY

Sands Investment Group is Pleased to Exclusively Offer For Sale the 9,180 SF Family Dollar Located at 703 South 4th Street in Crockett, TX. This Deal Has 5-Years Remaining of Corporate Guaranteed Income on the Initial Lease Term, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,180 SF
Building Class
B
Year Built
2019
Price
$1,387,196 CAD
Price Per SF
$151.11 CAD
Cap Rate
8%
NOI
$110,976 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.90 AC
Zoning
Commercial
Parking
20 Spaces (2.18 Spaces per 1,000 SF Leased)
Frontage
215’ on S 4th St

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Family Dollar
  • Retailer
  • 9,180 SF
  • $12.09 CAD
  • Double Net
  • Mar 2030
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Family Dollar Retailer 9,180 SF $12.09 CAD Double Net Mar 2030

NEARBY MAJOR RETAILERS

Sunflower Bank
Brookshire Brothers

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0003033
Land Assessment
$4,896 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,896 CAD
  • Listing ID: 34154621

  • Date on Market: 2024-12-11

  • Last Updated:

  • Address: 703 S 4th St, Crockett, TX 75835

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