Cap Rate
6.75%
Price Per SF
$246
Gross SQFT
8,000
Year Built
2011
Term Remaining
±4 Yrs
NOI
$133,075
Property Type
Retail
LEAD LISTING AGENT
Simon Assaf
Vice President & Director
Email
[email protected]
License No.
BR663663000 (AZ)
Direct
+1 (949) 873-0275
Mobile
+1 (909) 800-7139
DEBT FINANCING AGENT
INVESTMENT HIGHLIGHTS
- Defensive Product – Dollar stores sales typically increase during downturns in the economy which makes them one of the most sought after investments in a softening market
- Thriving Essential Business – Dollar Tree has remained open during the pandemic and has seen same-store sales grow by 14%
- E-Commerce Proof and Recession Resistant Tenant – Dollar Tree has an eCommerce proof business structure and defense against recessions with business oftentimes improving during downturn business cycles
- Dense Retail Area – The subject property is near the Bert Ogden Arena, Texas Roadhouse, IHOP, Chick-fil-A, Ulta Beauty, Ross, Big Lots, and more
- Simon Assaf (in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code).
Broker of Record
- Kyle Matthews
- License No. 9005919 (TX)
- (866) 889-0550
- Matthews Real Estate Investment Services, inc
- 1600 West End,
Ste. 1500 Nashville, TN 37203