342 S St Augustine Dr
Dallas, TX
Price:
$1,597,000
Cap Rate:
5.90%
NOI:
$94,199
Building Size:
Approx. 7,500 Sq. Ft.
Lot Size:
Approx. 0.713 Acres
Sub Category:
Dollar Store
Year Built:
2019
Investment Overview
- 2019 Construction. 7,500+/- SF Building on .713+/- Acre Site
- New 15 Year Corporate NNN Lease w/ 10% Bumps in Options
- Located along St Augustine Dr (10K VPD), N of U.S-175 (64K VPD)
- Adjacent to DQ, MetroPCS, EXXON, Golden Chick, Super 7 Inn, CVS
- Proximity to: H Grady Spruce High & Julius Dorsey Elem (2K+ Enrolled)
- Near Crawford Memorial Park and Mesquite Championship Rodeo
- 11-Miles East of Downtown Dallas – Continuous Explosive Growth
- Dallas Thriving Historic Districts | Deep Elm, Arts District, Trinity Grove
- 3-Mile Estimated Population: 85,735 | 5-Miles Avg HH Income: $54,997
- Dallas/Fort Worth (MSA) | 4TH Largest in the U.S | Population: 7 Million+