Dollar General Morgan, TX

605 Harris St
Morgan, TX

Price: $1,231,000
Cap Rate: 6.50%
NOI: $79,974
Building Size: Approx. 9,100 Sq. Ft.
Lot Size: Approx. 1.35 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2019

Investment Overview

  • 2019 Construction. 9,100+/- SF Building on 1.35+/- Acre Site
  • New 15 Year Corporate NNN Lease w/ 10% Bumps in Options
  • Located along TX-174 “Harris St”, just south of FM 927 “Mary St”
  • The Only Variety Store near by located along main retail corridor
  • Morgan – small town feel w/ big city amenities | 1-Hour S of Ft. Worth
  • Local Attractions: Lake Whitney – Gateway Capital of Texas
  • City by the Brazos River | 3-Miles Average HH Income: $53,518
  • Proximity to Dallas/Ft. Worth along New Toll Hwy and Interstate 35

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