Dollar General 5525 Farm to Market 88, Weslaco, TX Cap Rate 8.25% Weslaco ( Texas, US ) Built

$881,820 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 9,014 sq. ft.
  • Development Level: Built
  • Lot Size: 1.1 acres
  • Year Built: 2007

Description

Dollar General 5525 Farm to Market 88, Weslaco, TX Cap Rate 8.25%

Cap Rate: 8.25%
NOI: $72,750
Building Size: 9,014 sqft
Lot Area: 1.1 acres
Occupancy: 100%
Lease Type: Double Net
Year Built: 2007
Price Per Sqft: $97.83
Tenancy: Single
Lease Expire Year: 11/30/2022

Price: $881,820 USD

DESCRIPTION
This Dollar General is located off of Mile 5 Road West, in Weslaco, Texas. Traffic counts average over 21,000 vehicles daily on Mile 5 Road West. Located near the property is the Beatriz Garza Middle School and the North Bridge Elementary School.

HIGHLIGHTS
• Strategically located at heavily trafficked intersection of FM 88 and Mile 11 Road.
• Dollar General is a fast-growing retailer that boasts over 15,500 discount stores in over 45 US states.
• Dollar General Corp. reports revenues of $22 billion (2020) and Net Worth of $6.4 billion (2020).
• Dollar General Corp. is an investment Grade Tenant with S&P Cred-it Rating of BBB and Moody’s Rating of Baa2.
• 5 miles away is Knapp Medical Center, a Level 3 Trauma Unit with 233 hospital beds, and serves Weslaco’s emergency medical needs.
• Weslaco is home to South Texas College, South Texas Vocational Technical Institute and Valley Grande Institute for Academic Studies.

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

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Information is deemed to be correct but not guaranteed.