2401 N Beaton St
Corsicana, TX
Price:
$1,630,750
Cap Rate:
6.00%
NOI:
$97,845
Building Size:
Approx. 9,100 Sq. Ft.
Lot Size:
Approx. 1.25 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2019
Investment Overview
- 2019 Construction 9,100+/- SF Building on 1.25 +/- Acre Site
- Approximately 3-miles from Navarro College Corsicana, a two-year accredited community college with a total enrollment of 574
- Dollar General sales have grown almost eight-fold in the past two decades. As of March 2019 earnings report, Dollar General’s Fiscal 2018 revenues were $25.6 Billion
- As of 3/23/20, Dollar General Stores Plan to Add 50K Jobs to Meet Demand
- Less than 3-miles from Navarro Regional Hospital, a 162-bed licensed acute care facility with inpatient and outpatient acre, diagnostic imaging, emergency department, medical and surgical care, wound care and a sleepy study center
- Major retailers in the area such as Walmart SuperCenter, The Home Depot, Tractor Supply Co, Atwoods Ranch & Home, Ashley HomeStore, Beallas, Brrokshire’s, Dollar Tree, Family Dollar & ALDI