Dollar General for Sale in Sundown, TX
Sundown, TX
Key Investment Metrics
Price
$843,150
Cap Rate
8.4%
Net Operating Income
$70,825
Building Size
8240 SF
Land Area
1.52 Acres
Remaining Term
4.4 years
Lease Expiration
12/30/2030
Lease Term
10 years
Lease Commencement
12/15/2020
Lease Type
NN
Tenant Credit
Credit Rated
Year Built
2015
Occupancy
100%
Tenancy
Single
Rent Increases
In Options
Property overview
Dollar General in Sundown
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 8,240 SF
- Land area
- 1.52 acres
- Year built
- 2015
- Lease type
- NN
- Lease expiration
- 12/30/2030
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.