495 Kontiki Dr Tool, TX 75143
This exceptional investment opportunity presents a newly constructed, 10,500-square-foot retail property in Tool, Texas. The building houses a combined Dollar Tree and Family Dollar store, operating under a triple-net (NNN) lease with a credit-rated, corporate-guaranteed tenant. The lease commenced July 1, 2023, and has a remaining term of approximately 8.9 years, extending to September 30, 2033, offering significant lease stability. The property boasts a strong net operating income (NOI) of $117,705, resulting in an attractive 7.40% capitalization rate. Built in 2023, this single-building property is situated at 495 Kontiki, Tool, TX 75143, conveniently located along a main highway in Henderson County, near the popular Cedar Creek Reservoir. The property offers six lease options, providing flexibility for future growth and investment strategies. This is a rare opportunity to acquire a high-performing, credit-backed retail investment with substantial remaining lease term in a desirable location. The asking price is $1,590,608.10.
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
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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.