Dollar General Forney, TX

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+