12128 Us Hwy Kempner, TX 76539
- Retail properties
- 10,500 SF
- 0.82 lot acres
Current Use by Public Records
- Retail properties
Property Details for 12128 Us Hwy
- Year built
- 2023
- Lot size
- 0.82 lot acres
- Property size
- 10,500 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a newly constructed, 10,500-square-foot retail property in Kempner, Texas. The building houses a combined Family Dollar and Dollar Tree store, operating under a single, corporate-guaranteed net lease. With a remaining lease term of 9.2 years (expiring January 31, 2034), this property offers stable, predictable income. The lease commenced September 11, 2023, and boasts 100% occupancy. Located at 12128 E US Hwy 190, this prime location in Lampasas County offers excellent visibility and ample parking. The property sits on a 0.82-acre lot and features a strong net operating income (NOI) of $127,680, resulting in an attractive 7.40% cap rate. The asking price is $1,725,405.40, translating to a price per square foot of $164.32. This is a turnkey investment ideal for passive income seekers, offering a secure and profitable addition to any portfolio. The property's construction year is 2023. Four lease options are available.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kempner
- County
- Lampasas
- State
- Texas
- Longitude
- -98.0247
- Latitude
- 31.0359
