1965 FM1189
Brock, TX
Price:
$1,800,000
Cap Rate:
5.50%
NOI:
$98,970
Building Size:
Approx. 9,100 Sq. Ft.
Lot Size:
Approx. 1.497 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2020
Investment Overview
- 2020 Construction. 9,100+/- SF Building on 1.497+/- Acre Site
- Brand New 15-Year Corp. Absolute NNN Lease 10% Rent Increase Every 5 Yrs
- Subject Property Located Near Brock Junction off of Interstate 20 (46,691 VPD)
- Near Subway, Farmers Insurance, Clearfork Pharmacy, Backroads Cafe, Fringe Scarves
- Tenant is an Amazon Resistant Retailer Experiencing Explosive Growth
- Dollar General Named #1 Retailer for Opening Stores in 2019
- Brock | 35 Miles from Fort Worth | Avg. HH Income: 88K+ Within 5-Mile Radius