3401 Ayers Street
Corpus Christi, TX
Price:
$2,237,339
Cap Rate:
5.30%
NOI:
$118,579
Building Size:
Approx. 9,200 Sq. Ft.
Lot Size:
Approx. 1.29 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2019
Investment Overview
- 2019 Construction. 9,200+/- SF Building on 1.29+/- Acre Site
- Newer Construction Long Term Lease With Roughly 12 Years Remaining
- Family Dollar Boasts an Extremely Strong Investment Grade Credit Rating of BBB
- Dollar Tree Acquired Family Dollar in 2015 Making Them the 2nd Largest Discount Retailer in the US
- Rare Complete NNN Family Dollar w/ 10% Rental Increase in Year 11
- Located Only 8 Miles from Downtown Corpus Christi and 9 Miles from the Airport
- Corpus Christi | Robust Tourism Industry | Population: 326,500+
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