Dollar General Market Iowa Park, TX

1212 US-287 BUS
Iowa Park, TX

Price: $2,641,000
Cap Rate: 6.40%
NOI: $168,979
Building Size: Approx. 12,687 Sq. Ft.
Lot Size: Approx. 1.451 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2024

Investment Overview

  • 2024 Construction. 12,687+/- SF Building on 1.451+/- Acre Site
  • 15-Year Corporate NNN Lease, Plus (5), 5-Year Options to Extend & 5% Rental Increases Every 5 Years
  • High-Visibility Location on BUS 287J with Strong Traffic Counts
  • 1.5 Miles from Wichita Valley Airport
  • 7 Miles from Sheppard Air Force Base – Largest Training Base with Over 6,400 Employees & $3.5B of Economic Impact
  • E-Commerce Resistant Retailer Experiencing Explosive Growth – 20,000+ Stores with 800 More Planned to Open
  • Iowa Park | Midway Between Oklahoma City & Dallas/Fort Worth Metroplex | Wichita Falls Population: 102,761+

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