224 Fm 1346 La Vernia, TX 78121

The Dollar Tree property at 224 FM 1346 in La Vernia, Texas, presents an investment opportunity. The property is offered at $1,000,000, which equates to $109 per square foot. The investment provides a 7.11% cap rate, supported by a net operating income of $71,145. The property is leased to Dollar Tree, a nationally recognized retailer. The location along FM 1346, a key retail and commuter route, provides high visibility and access to traffic. The surrounding area features demographics, with median household incomes above regional averages. Population growth within a 15-mile radius supports investment potential. The Dollar Tree lease is triple-net, minimizing landlord responsibilities, with 18 years remaining and renewal options. Rent increases averaging 6.5% every five years provide income. This offering provides a cash-flowing investment, ideal for investors seeking low-management net lease income in a growing suburban market. The property benefits from its location in the San Antonio–New Braunfels MSA.