7665 96 Hwy, Brookeland, TX 75931

10,500 SF | Retail Building | Brookeland, TX 75931 | $1,120,000 ($107/SF) | 9% Cap Rate

Asking Price $1,120,000

Property Type: Retail
Square Feet: 10,500 SF
Price / Square Foot: $107

Listing Contacts

Eric Kelley

Cody Crist

Chance Hales

Branson Blackburn

Property Overview

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Family Dollar/Dollar Tree in Brookeland, TX. The subject property has 7+ years of firm term remaining and tenant has given landlord notice for vacating the store but will continue to fully honor their lease obligations. It is an attractive high yield investment opportunity with several years remaining on lease. The property is located adjacent to Sam Rayburn Lake.

Property Details

Year Built: 2021
Stories: 1
Property Subtype: Freestanding, Storefront, Storefront Retail/Office, Storefront Retail/Residential
Lot Size (sq. ft): 49,223 SF

Highlights

Texas Family Dollar/Tree Store – Tenant Has Given LL Notice they Will be Vacating Store
Lease Corporately Guaranteed by Family Dollar Stores, Inc (8,000+ Locations)
7+ Years of Firm Term Remaining – Tenant Fully Obligated to Honor Lease
Tenant Fully Responsible for HVAC Repairs/Replacements as well as Fully Reimbursing for Taxes/Insurance
Attractive High Yield Investment Opportunity With Several Years Remaining on Lease
Lakeside Community – Located Adjacent to Sam Rayburn Lake

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