7665 Hwy 96 Brookeland, TX 75931
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.