1702 East FM 875
Midlothian, TX
Price:
$1,552,000
Cap Rate:
6.15%
NOI:
$95,455
Building Size:
Approx. 9,100 Sq. Ft.
Lot Size:
Approx. 1.512 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2020
Investment Overview
- 2020 Construction. 9,100+/- SF Building on 1.51+/- Acre Site
- New 15-Year Corp Abs NNN Lease w/ 10% Rent Bump in Options
- Located along F.M. Hwy 875, major east-west route, just W of I-35
- Midlothian is a community 30-Miles S of Dallas/ Fort Worth Metro
- Strong Income Demographics with $145,946 within a 3-Mile Radius
- Local Attraction: Joe Pool Lake | Six Flags Over Texas | Globe Life Park
- Dallas – Fort Worth (MSA) | Largest Growth in the U.S. | Pop: 7,573,136+