For Sale
$1,933,300

1100 Mccoy BlvdNew Boston, TX 75570

High-yield NNN investment, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
101

Highlights

  • $1,933,300 asking price for a 10,640 square foot Dollar General storefront on a 3.07-acre lot in New Boston, TX.
  • Absolute NNN net lease with a 15-year term commencing February 15, 2025, and expiring February 29, 2040.
  • 6.85% cap rate with a $132,432 annual NOI.
  • 100% occupancy with 5% rent bumps every 5 years and 5-5 year lease options.
  • The tenant is Dollar General, an S&P BBB+ rated company with a market capitalization exceeding $17 billion.

Property Details for 1100 Mccoy Blvd

Property type
Other retail properties, Individual retail properties
Lot Size (sq. ft)
133,729 SF

Location Insight

City
New Boston
County
Bowie
State
Texas
Latitude
33.4427938
Longitude
-94.4121506
1100 Mccoy Blvd, New Boston, Texas
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1100 Mccoy Blvd
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