2275 West Lingleville Road
Stephenville, TX
Price:
$2,095,000
Cap Rate:
5.25%
NOI:
$110,000
Building Size:
Approx. 9,100 Sq. Ft.
Lot Size:
Approx. 1.7 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2020
Investment Overview
- 2020 Construction. 9,100+/- SF Building on 1.70+/- Acre Site
- Brand New 15-Year Corp. Absolute NNN Lease 10% Rent Increase Every 5 Yrs
- Subject Property Located 1 Mile from Tarleton State University (13,000 Students)
- Near Jimmy John’s, O’Reilly Auto Parts, Wendy’s, First Financial Bank, Walmart
- Tenant is an Amazon Resistant Retailer Experiencing Explosive Growth
- Dollar General Named #1 Retailer for Opening Stores in 2019
- Stephenville | One Hour SW of Dallas/Fort Worth MSA | Population: 21,000+