Dollar General — Sale in Village Mills, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Village Mills, TX 77663
Investment Figures
- Cap rate
- 7.50%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
This investment is being offered at $1,100,000 which represents a 7.50% cap rate. Investment Highlights: • Absolute NNN Lease with 6 years remaining • 9,026 square foot built to suit prototype store • #1 ranked store in a 15 mile radius and top 30% nationwide (Placer.ai) • Property is less than two hours from Houston • Highway directly in front of the store is being expanded from two to four lanes (TxDot Project: Gateway to the Big Thicket) • Located directly adjacent to the Big Thicket National Preserve, a 113,000+ Acre National Park that attracts over 300,000 visitors annually • Full concrete parking lot providing longer term durability to the site • Property located in an income tax free state
Market Context
This retail in Village Mills, TX is listed for sale. It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 101 days. Compare it against other retail listings for sale in Village Mills, TX — view the full market.
Contact
- Cole Skinner · (813) 387-4773 · cole.skinner@marcusmillichap.com
- Tim Speck · (972) 755-5200
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