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OFF-MARKET
Specialty properties

7665 Hwy 96 Brookeland, TX 75931

10,500 SF 1.13 ac lot Built 2021
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 10,500 square foot retail property in Brookeland, Texas, housing a Dollar General/Dollar Tree combination store. The property boasts a strong 11.86% cap rate and a substantial $100,800 annual net operating income (NOI). Built in 2021, the single-tenant building sits on a 1.13-acre lot at 7665 U.S. Hwy 96 S, 75931, benefiting from high visibility and traffic counts exceeding 5,360 vehicles per day. The current lease, a triple net (NNN) agreement, features a corporate guarantee from a credit-rated tenant and has 7.2 years remaining until January 30, 2032. Rent increases are built in, with 5% bumps every five years. The asking price is $850,000, translating to $80.95 per square foot. The lease includes three 5-year renewal options, each with a 5% rent increase. This fee-simple ownership offers a secure, high-return investment with significant long-term potential. The property's location near Sam Rayburn Lake adds to its appeal. This is a rare opportunity to acquire a well-performing, established retail asset with a proven track record.

Property profile
Verified
Property type Specialty properties
Year built 2021
Total area 10,500 SF
Lot 1.13 ac (49,223 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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