Dollar General 320 South Main Street, Vidor, TX Cap Rate 6.25%

NOI: $45,000
Cash-on-Cash: 6.25%
Pro Forma Cap Rate: 6.25%
Building Size: 9,014 sqft
Lot Area: 1.225 acres
Occupancy: 100%
Class: B
Year Built: 2004
TenancySingle
Year Last Renovated: 2016
Gross Leaseable Area: 9014
Roof: Metal
HVAC: Yes
Investment Strategy: Core
Lease Expire Year: 09/30/2028

Price: $720,000 USD

DESCRIPTION
The subject property is a 9,014 square foot commercial retail building built on 1.225 acres. This Dollar General was constructed in 2004 as a build to suit for corporate Dollar General. The location serves the general community on the south side of Interstate 10. Vidor, Texas is a pit-stop city along the busy 10 Interstate Freeway that services 60,000 cars per day and connects Houston to Baton Rouge, LA. Landlord is responsible for roof, structure and parking lot maintenance (Dollar General reimburses Landlord an additional rent of $300.46/month). The building has a metal roof. All other expenses such as property taxes (Landlord pays property taxes and DG reimburses 30 days later), insurance and maintenance for the property are the responsibility of Dollar General

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.