Dollar General Crosby, TX

4477 FM1942
Crosby, TX

Price: $1,663,000
Cap Rate: 6.10%
NOI: $101,435
Building Size: Approx. 9,026 Sq. Ft.
Lot Size: Approx. 1.5 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2019

Investment Overview

  • 2019 Construction 9,026+/- SF Building on 1.50 +/- Acre Site
  • 15-year corporate absolute NNN lease with a 10% increase in each option period
  • Strategically located along FM-1942 (8,719+ VPD), the main east-west thoroughfare in Crosby, TX
  • Close proximity to major residential communities, elementary schools, and major national tenants such as Starbucks, Walgreens, Circle-K and many more
  • Subject property approximately 26-miles east from downtown Houston, TX
  • Houston MSA 5th largest U.S. population