Three-Tenant Strip
For Sale
Contact for pricing
613 W Front Ave, Electra, TX 76360
Retail center anchored by Dollar General with corporate lease support and multiple renewal options.
Property Size17,460 SF
Days on Market144
Property Features for 613 W Front Ave
General Information
Standard status
Active
Size
17,460 SF
Property subtype
Retail
Net Operating Income
$31,334
Additional Details
Cap Rate
10%
Building Details
Tenancy
Multi
Listing Agency:
Fortis Net Lease
Listed By:
Ben Schultz · License #MI 6501381226
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 10:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortis Net Lease
Investment Insights
Based on property information with market context.
This 17,460-square-foot strip mall contains three tenant spaces and is occupied under three gross leases, with landlord responsibilities retained under the current structure. Dollar General is the named anchor, supported by a corporate guarantee from Dollar General Corporation, which carries a BBB credit rating classified as investment grade.
The property is located at 613 W Front Ave in Electra, Texas. Dollar General’s lease includes 3 (5) Yr. renewal options, with a 10% rental rate increase associated with each option. The site serves a five-mile population of 3,045, while the three-mile average household income is $46,736 per year.
The property is located at 613 W Front Ave in Electra, Texas. Dollar General’s lease includes 3 (5) Yr. renewal options, with a 10% rental rate increase associated with each option. The site serves a five-mile population of 3,045, while the three-mile average household income is $46,736 per year.
Key Highlights
- 17,460 SF three‑tenant retail center
- Dollar General is the anchor tenant
- Three gross leases with landlord responsibilities
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
126
Businesses Nearby
Explore this area
Business Placement
Demographics for 76360, TX
2,886
Population
1,507
Households
1.9
Avg Household Size
46
Median Age
18%
College-Educated
85%
High-School Grad
380.5 sq mi
ZIP Area
8
Density / Sq Mi
$66,050
Median Household Income
$36,589
Median Earnings
$761
Median Rent
$64,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Strip mall - Retail center anchored by Dollar General with corporate lease support and multiple renewal options.
Where is this strip mall located?
The property is located at 613 W Front Ave Electra, TX.
What are key features of this property?
This property features: 17,460 SF three‑tenant retail center; Dollar General is the anchor tenant; Three gross leases with landlord responsibilities
