450 J M Lindsay Blvd
Lindsay, TX 76250
Price:
$1,870,500
Cap Rate:
5.00%
NOI:
$93,521
Building Size:
Approx. 9,100 Sq. Ft.
Lot Size:
Approx. 1.99 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2021
Investment Overview
- 2021 Construction. 9,100+/- SF Building on 1.99+/- Acre Site
- 15 Yr Absolute NNN Lease w/ 10% Rental Increases in (3) Option Periods
- Subject Property Ideally Situated Along the Major Thoroughfare Hwy 82 (13K VPD)
- Dollar General is the Country’s Largest Small-Box Discount Retailer | E-Commerce Resistant
- Tenant has an S&P BBB Credit Rating and Ranked #91 on Fortune 500
- Dollar General Completed More Than 1,750 Store Remodels in 2021 & Plans for More in 2022
- Lindsay | 10 Min from Gainsville, TX & 15 Min from WinStar World Casino/Resort in Oklahoma