1106 East Scott Avenue
Wichita Falls, TX
Price:
$1,682,000
Cap Rate:
5.50%
NOI:
$92,500
Building Size:
Approx. 9,100 Sq. Ft.
Lot Size:
Approx. 1.756 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2022
Investment Overview
- 2022 Construction. 9,100+/- SF Building on 1.756+/- Acre Site
- Brand New 15 Yr Corporate Absolute NNN Lease w/ 10% Rental Increases in 3 Option Periods
- Subject Property Ideally Situated Along E Scott Ave (2.9K VPD) Near the Intersection of US-287 & TX-240
- Located Just 3 Miles from Midwestern State University w/ an approx. Enrollment of 6K Students
- Dollar General is the Country’s Largest Small-Box Discount Retailer | E-Commerce Resistant
- Dollar General Completed More Than 1,750 Store Remodels in 2021 & Plans for More in 2022
- Wichita Falls | 15 Miles South of Oklahoma Border | Population: 104,000+