4011 3rd St
Walnut Springs, TX
Price:
$2,097,000
Cap Rate:
6.65%
NOI:
$139,420
Building Size:
Approx. 10,651 Sq. Ft.
Lot Size:
Approx. 1.796 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2024
Investment Overview
- 2024 Construction. 10,651+/- SF Building on 1.796+/- Acre Site
- Brand New 15 Year Corporate Absolute NNN Lease with 5% Rent Increases Every Five Years
- Located at the Intersection of TX-144 and FM 927/Texas Ave, 50 Miles North of Waco, 60 Miles South/Southeast from DFW.
- This Site Is the Sole Dollar Store for Walnut Springs, Benefiting From No Major Competition in the Area.
- Less Than 0.5 Mile From Walnut Springs ISD, the Post Office, Community Center, Fire Department, Many Residential Areas, & Much More.
- E-Commerce Resistant Retailer – Dollar General Planned to Open 1,050 Stores in 2023 After Adding Approximately 1,100 Stores in 2022
- Walnut Springs | In Between Waco & DFW | County Population: 18,235+ (Bosque County)