Dollar General Forney, TX

19700 FM740
Forney, TX

Price: $1,985,950
Cap Rate: 5.85%
NOI: $116,178
Building Size: Approx. 10,640 Sq. Ft.
Lot Size: Approx. 1.44 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2019

Investment Overview

  • 2019 Construction. 10,640+/- SF Building on 1.44+/- Acre Site
  • 15-Year Corporate Absolute NNN Lease, opening in early October 2019
  • Strategically located along FM 740 (13,468 VPD), just 1.5-miles East of Lake Ray Hubbard in Forney, TX and only 22- miles East of downtown Dallas, TX
  • Located outside of Travis Ranch, a single-family residential community located on over 1,500 acres and features over 1,500 homes with more currently under development
  • Dollar General has experiences 29 straight years of same-store sales growth at the end of fiscal 2018
  • As of the March 2019 earnings report, Dollar General’s fiscal 2018 revenues were $25.6 Billion

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