10560 FM1641
Forney, TX
Price:
$1,881,500
Cap Rate:
5.75%
NOI:
$108,171
Building Size:
Approx. 10,640 Sq. Ft.
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2020
Investment Overview
- 2020 Construction. 10,640 +/- SF Building on 1.72+/- Acre Site
- New 15-Year Corp Abs NNN Lease w/ 10% Rent Bump in Options
- Located along FM 1641, just N of I-20, a major east-west U.S Hwy
- Near Lake Ray Hubbard, popular for boating, jet-skiing, & fishing
- Strong Income Demographics with $109,507 within a 3-Mile Radius
- Forney, small-town with big city access | 30-Miles E of downtown Dallas
- Dallas – Fort Worth (MSA) | Largest Growth in the U.S. | Pop: 7,573,136+