Family Dollar for Sale in Joaquin, TX
Joaquin, TX
Key Investment Metrics
Price
$1,192,250
Cap Rate
8.0%
Net Operating Income
$95,380
Building Size
9180 SF
Land Area
1.53 Acres
Remaining Term
4.7 years
Lease Expiration
03/30/2031
Lease Term
10.1 years
Lease Commencement
02/28/2021
Lease Type
NN
Tenant Credit
Corporate Guarantee
Year Built
2021
Occupancy
100%
Tenancy
Single
Rent Increases
In Option Periods
AI illustration · Not the listed propertyProperty overview
Family Dollar in Joaquin
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 9,180 SF
- Land area
- 1.53 acres
- Year built
- 2021
- Lease type
- NN
- Lease expiration
- 03/30/2031
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.