5104 Conveyor Drive
Cleburne, TX
Price:
$1,715,000
Cap Rate:
6.00%
NOI:
$102,905
Building Size:
Approx. 10,640 Sq. Ft.
Lot Size:
Approx. 1.411 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2022
Investment Overview
- 2022 Construction. 10,640+/- SF Building on 1.411+/- Acre Site
- Brand New 15 Yr Corporate Absolute NNN Lease w/ 10% Rental Increases in 3 Option Periods
- Excellent Location on Conveyor Dr (5K VPD), Just off of FM-917 (11K VPD)
- Little to No Competition Within 5 Miles of Subject Property Providing a Consistent Consumer Base
- Dollar General is the Country’s Largest Small-Box Discount Retailer | E-Commerce Resistant
- Dollar General Added More Than 1,100 Stores in 2022 & Plan to Build 1,050 More in 2023
- Cleburne | 35 Minutes From Downtown Fort Worth | Population: 32,000+