16026 Farm to Market 548
Forney, TX
Price:
$1,966,500
Cap Rate:
5.75%
NOI:
$113,065
Building Size:
Approx. 9100 Sq. Ft.
Lot Size:
Approx. 2.99 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2019
Investment Overview
- 2019 Construction. 9,100+/- SF Building on 2.99+/- Acre Site
- 15-Year Absolute NNN Lease w/ 10% Rent Bumps in Options
- Located along FM 548 (23K VPD), just N of US-80 (65K VPD)
- Neighboring North Forney High School & Lake Ray Hubbard
- Surrounded by New and Future Residential Home Communities
- Dollar General is adding 50k additional jobs to meet 2020 demand
- Excellent Income Demographics w/ $91,393 within a 3-Mile Radius
- Dallas – Fort Worth MSA | Fastest Growing Metros in the U.S. | Pop: 7M+