1700 Commerce Dr
Mansfield, TX
Price:
$2,290,000
Cap Rate:
5.00%
NOI:
$114,492
Building Size:
Approx. 10,640 Sq. Ft.
Lot Size:
Approx. 1.537 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2022
Investment Overview
- 2022 Construction. 10,640+/- SF Building on 1.537+/- Acre Site
- Brand New 15 Yr Corporate Absolute NNN Lease w/ 10% Rental Increases in 3 Option Periods
- Subject Property Ideally Situated off of US-287 (39K VPD) on the Hard Corner of Heritage Pkwy (16K VPD)
- Located in Tarrant County, the Third Most Populous County in Texas (2,000,000+ Residents)
- Dollar General is the Country’s Largest Small-Box Discount Retailer | E-Commerce Resistant
- Dollar General Completed More Than 1,750 Store Remodels in 2021 & Plans for More in 2022
- Mansfield | Part of the DFW Metroplex | Population: 71,000+