Dollar General Mineral Wells, TX

3619 S US Highway 281
Mineral Wells, TX

Price: $1,389,000
Cap Rate: 6.10%
NOI: $84,707
Building Size: Approx. 9100 Sq. Ft.
Lot Size: Approx. 1 Acres
Type: / Commercial
Sub Category: Dollar Store
Year Built: 2018

Investment Overview

  • 2018 Construction. 9,100+/- SF Building on 1.0+/- Acre Site
  • New 15 Year Corporate Abs NNN Lease began Oct 2018
  • Located along US-281 (9K VPD) & Airport Rd (5K VPD)
  • Near SW of Mineral Wells Airport (#1 Airport in Texas)
  • 3.7-Miles S of Downtown Mineral Wells | 10-Miles N of I-20
  • Future job growth for the next ten years is expected to be 30%
  • Local Industries: Mining | Oil & Gas | Manufacturing | Utilities
  • 1-Mile Avg. HH Income: $67,672 | 50-Miles W of Fort Worth
  • Close proximity to Dallas/Fort Worth (MSA) | Pop: 7+ Million

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