Dollar General Walnut Springs, TX 76690

4011 3rd St
Walnut Springs, TX 76690

Price: $2,145,000
Cap Rate: 6.50%
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)