Dollar General Splendora, TX

15277 Tram Rd
Splendora, TX

Price: $1511000
Cap Rate: 6.30%
NOI: $95,192
Building Size: Approx. 9100 Sq. Ft.
Lot Size: Approx. 1.7 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2017

Investment Overview

  • 2017 Build. 9,100+/- SF Building on 1.70+/- Acre Site
  • New 15 Year Corp Abs NNN Lease began February 2017
  • Located along Tram Rd & FM 2090 (9K VPD),  just E of I-69)
  • Near Car Quest, Snap Fitness, Sonic, Jack in the Box, Texaco
  • Subject property will benefit as the only variety store near by
  • Splenda is a growing city w/ low cost of living & growing economy
  • 4-Miles East of I-69 (48K VPD) – Nicknamed NAFTA Superhighway
  • Continues to place economic growth & development a high priority
  • Predicted to grow & meeting the employment demand of Houston
  • Splendora is located 38-Miles Northeast of Downtown Houston, TX
  • 5-Miles: Est 2018 Population: 37,489 l 3-Miles Avg HH Income: $60,235
  • Greater Houston (MSA) | Fastest-Growing Metro in the United States

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