Dollar General Wichita Falls, TX

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+

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