31550 FM306
Spring Branch, TX
Price:
$900,000
Cap Rate:
6.00%
NOI:
$54,000
Building Size:
Approx. 9,014 Sq. Ft.
Lot Size:
Approx. 0.976 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2005
Investment Overview
- 2005 Construction. 9,014+/- SF Building on 0.976+/- Acre Site
- Long Term Corporate Net Lease w/ 10% Rental Increases Every 5 Yrs
- Dollar General is the Country’s Largest Small-Box Discount Retailer
- Adjacent 16.75 Acres is Owned by H-E-B Grocery Company
- Near Shell, Valero, Stripes, USPS, 7-Eleven, Ranger Fireworks
- Strong Income Demos with $83,352 within a 5-mile Radius
- Spring Branch | In San Antonio – New Braunfels MSA