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    914 Austin St Robert Lee, TX 76945

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    For Sale
    $2,320,589

    NNN single tenant investment opportunity with corporate guarantee.

    Property size:
    10,566 SF
    Lot size:
    0.65 Acres

    Property Features for 914 Austin St

    General Information

    Size
    10,566 SF
    Lot size
    0.65 Acres

    Source: Randall Commercial Group Agent Elizabeth Randall

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    NNN Investment Opportunity For Sale

    This property presents a NNN single tenant investment opportunity. It is under a 15-year lease with options for five additional 5-year terms. The lease includes 5% rent increases every 5 years during the initial term and each option period. The lease is corporately guaranteed by Dollar General Corporation. The property has a size of 10566 square feet.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Nomad Floral Design LLC

    Location Insight

    • Map
    • Local Demand
    City
    Robert Lee
    County
    Coke
    State
    Texas
    Longitude
    -100.48006
    Latitude
    31.901755

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    FAQs

    What type of property is this?
    Storefront property - NNN single tenant investment opportunity with corporate guarantee.
    Where is this storefront property located?
    The property is located at 914 Austin St Robert Lee, TX.
    What is the asking price?
    The asking price for this property is $2,320,589.
    What are key features of this property?
    This property features: - NNN Single Tenant Investment Opportunity; - Corporate Guarantee by Dollar General Corporation; - 15-Year Lease in place
    (662) 234-4043
    Request Owner's contact information
    914 Austin St Robert Lee, TX 76945
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    Robert Lee, TX 76945
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    914 Austin St Robert Lee, TX 76945
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