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