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NNN Retail Investment Property
For Sale
$600,000

809 E Park Ave, Hereford, TX 79045

Leased Dollar General property with an established operating history in Hereford, Texas.

Property Size8,125 SF
Price / SF$73.85
Days on Market58

Property Features for 809 E Park Ave

General Information

Standard status Active
Size 8,125 SF
Property subtype Discount
Lease Type NN

Amenities

Over 20 Years of Operating History
Limited Landlord Responsibility - Double Net Lease
Limited Competition - Only Dollar General In Hereford
Tenant Remimburses for Annual Parking Lot Maintenance of .65 on 8125 Sq Ft and up to the First $750 of HVAC Repairs

Building Details

Building Size 8,125 SF
Listing Agency: Marcus & Millichap | Dallas Uptown
Listed By: Blake Burnett · License #License(s): TX: 559323
Source: Marcusmillichap
Added: Aug 23 Changed: Oct 13 Last Checked: Oct 16 at 5:41AM

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 Marcus & Millichap | Dallas Uptown

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Investment Insights

Based on property information with market context.

This NNN retail property contains 8,125 square feet on a 0.80-acre site and is leased to Dollar General. The property has a leasing history extending beyond 20 years.

Located at 809 E Park Ave in Hereford, Texas, the asset offers an established retail tenancy within a freestanding commercial property. The existing lease and long operating history provide clear context for evaluating the property as a single-tenant retail investment.

Key Highlights

  • 8,125‑square‑foot NNN retail property
  • Situated on 0.80 acres
  • Leased to Dollar General

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage Law Firm Pharmacy Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Home Improvements & Furnishings 28% Dining 5% Electronics 3%
Dollar General Shops & Services
6,270 visits/mo 0.0 miles
Ace Hardware Hereford Home Improvements & Furnishings
3,824 visits/mo 0.2 miles
Valero Energy Shops & Services
3,644 visits/mo 0.3 miles
Daylight Donuts Dining
771 visits/mo 0.3 miles
Boost Mobile Electronics
518 visits/mo 0.5 miles

Demographics for 79045, TX

18,621
Population
7,026
Households
2.7
Avg Household Size
33
Median Age
11%
College-Educated
70%
High-School Grad
1,130.7 sq mi
ZIP Area
16
Density / Sq Mi
$54,207
Median Household Income
$37,342
Median Earnings
$921
Median Rent
$111,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
NNN property - Leased Dollar General property with an established operating history in Hereford, Texas.
Where is this nnn property located?
The property is located at 809 E Park Ave Hereford, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 8,125‑square‑foot NNN retail property; Situated on 0.80 acres; Leased to Dollar General
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