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+