Dollar General Forney, TX

6970 FM741
Forney, TX

Price: $1407000
Cap Rate: 6.15%
NOI: $86,505
Building Size: Approx. 9100 Sq. Ft.
Lot Size: Approx. 1.07 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2016

Investment Overview

  • New Construction | 9,100+/- SF Building on 1.07+/- Acre Site
  • 15-Year Corporate Absolute NNN Lease beginning April 2016
  • Located along FM 741 (9,000 VPD), just N of Interstate 20 (34,000 VPD)
  • North of The Heartland Community (2,000-Acre Master Planned Community)
  • Area Attractions: Lake Ray Hubbard | Mesquite Pro Rodeo | Tanger Outlet
  • Major Employers: Forney ISD (1,394 Empl.), SMURFIT KAPPA (260 Empl.)
  • 5-Miles Radius: 2015 Est. Population: 35,950 | 3-Mile Avg. HH Income:  $97,758
  • Forney is the fastest growing city in Kaufman County & located 21-Miles E of Dallas
  • Dallas – Fort Worth – Arlington MSA: 4th Largest MSA in the US | Population: 6,526,548

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