5775 Bluebird Ave
Dallas, TX
Price:
$1,749,495
Cap Rate:
5.75%
NOI:
$100,596
Building Size:
Approx. 9,100 Sq. Ft.
Lot Size:
Approx. 2.04 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2019
Investment Overview
- 2019 Construction 9,100+/- SF Building on 2.04 +/- Acre Site
- Corporate 15-year Absolute NNN lease with 10% rent increases at the beginning of each option period
- Strategically located along Red Bird Ln. (18,448 VPD), at its intersection with Bluebird Ave. in southwest Dallas, TX
- As of 3/23/20, Dollar General Stores Plan to Add 50K Jobs to Meet Demand
- Above average demographics | 3-mile radius | 96,487 people and a employee count of 50,694
- The subject Dollar General is approximately 10-miles southwest of downtown Dallas, TX
- Greater DFW Metroplex (MSA) | Population: 7.5M+ | 4th largest in the USA