DOLLAR GENERAL | EARLY, TEXAS
INVESTMENT SUMMARY
Purchase Price
$1,379,070
Location
1930 Early Blvd
Cap Rate
6.75%
Annual Rent
$93,087.24
Building Size
9,100 SF
Land Area
2.00 Acres
Ownership
Fee Simple
Lease Type
NNN
Term Remainning
10 Years
LEASE EXPIRATION
12/31/2034
Renewal Options
RENT INCREASES
10% At Options
Parking
29 Spaces
Year Built
2019
APN
20051791
Traffic Counts
11,114 VPD
INVESTMENT HIGHLIGHTS
DOLLAR GENERAL CORPORATE LEASE:
- 10 Years of Guaranteed Lease Term (Lease Exp: 12/31/2034)
- 2019 Build to Suit Construction
- 9,100 SF Building - 2.00 Acre Parcel
- Three (3) - Five (5) Year Option Periods with 10% Rental Increases
ABSOLUTE NNN LEASE:
- Absolute NNN Lease with ZERO Management Responsibilities
- Tenant Pays for ALL Operating Expenses, Insurance & Reimburses Property Taxes
EARLY TOWN CENTER - 2025 COMPLETION:
- Located 4.1 Miles from Subject Property (109 Kelcy Way)
- Expanded Lake Area
- Lakeside Recreation Area with Playground, Benches, Picnic Tables & Two Fishing Docks
- Future Lakefront Restaurant with Outdoor Dining & a Dock with Kayak & Paddleboard Rentals
- Baseball/Softball Batting Cages
- 1-Acre Fenced in Dog Park
- 12,500 Square Foot Putting Green with 18-Hole Putting Course
- 6.50 Acre "Golf Playground Area" Allowing for Practice Play on Six Full Size Putting Greens with a Small Tee Area Capable of Accommodating Shots Up to 225 Yards
PROXIMITY FROM EARLY:
- Abilene, TX | 79 Miles
- Waco, TX | 118 Miles
- Fort Worth, TX | 126 Miles
- Austin, TX | 137 Miles
- Dallas, TX | 158 Miles
- San Antonio, TX | 191 Miles
- Houston, TX | 284 Miles
TRADE AREA DEMOGRAPHICS:
- 3-Mile Population = 3,973 Residents
- 3-Mile Average Household Income = $102,267
- 5-Mile Population = 5,841 Residents
- 5-Mile Average Household Income = $96,177
- 7-Mile Population = 23,163 Residents
- 7-Mile Average Household Income = $81,229