Dollar General Conroe, TX

12491 FM1314
Conroe, TX

Price: $1,650,000
Cap Rate: 6.05%
NOI: $99,800
Building Size: Approx. 9,026 Sq. Ft.
Lot Size: Approx. 3.08 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2019

Investment Overview

  • 2019 Construction 9,026+/- SF Building on 3.08 +/- Acre Site
  • 15-year corporate absolute NNN lease with a 10% increase in each option period
  • Strategically located along FM 1314 Conroe Porter Road (11,500 VPD) and Creighton Rd. (5,400 VPD)
  • Close proximity to 5 major residential living communities and 2 elementary schools
  • Subject property approximately 38-miles north from downtown Houston, TX
  • Houston MSA 5th largest U.S. population | Located 10-miles north of The Woodlands, one of Houston’s most affluent suburbs