Dollar General Morgan, TX

605 Harris St
Morgan, TX

Price: $1,231,000
Cap Rate: 6.50%
NOI: $79,974
Building Size: Approx. 9,100 Sq. Ft.
Lot Size: Approx. 1.35 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2019

Investment Overview

  • 2019 Construction. 9,100+/- SF Building on 1.35+/- AC
  • 9-Years Remaining on Corporate Absolute NNN Lease with (3) 5-Year Options to Renew
  • About 50 Miles South of the Dallas-Fort Worth Metroplex and 30 Miles from Waco, TX
  • 7 Miles from Lake Whitney – A Popular Destination Designated as the “Getaway Capital of Texas” by the Texas Legislature
  • Limited Competition – This Dollar General is One of Only Two Grocery Options in the Morgan Area
  • Dollar General is a Fortune 500 Company and One of the Largest Discount Retailers in the U.S., With 20,400+ Locations Nationwide
  • Morgan | Located in the Dallas-Fort Worth Metroplex | MSA Population: 8.3M+

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