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Property profile & analytics
OFF-MARKET
Specialty properties

1326 Us Highway 67 Big Lake, TX 76932

9,180 SF 1 ac lot Built 2021
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a 9,180 square foot Family Dollar store in Big Lake, Texas. Located at 1326 E US Hwy 67, this property boasts a prime location with excellent visibility and accessibility along a major highway, just one mile from Big Lake Airport Reagan County. The property features a Net Net (NN) lease with a credit-rated, corporate-guaranteed tenant, ensuring consistent cash flow. The current lease, commenced February 27, 2021, has a remaining term of 6.9 years, extending to September 29, 2031. Six 5-year lease options are included, each with a 5% rent increase. The property's strong performance is reflected in its 7.75% cap rate and a current NOI of $98,000. Built in 2021, this single-unit building sits on a one-acre lot. The asking price is $1,264,516, translating to $137.75 per square foot and the same price per unit. The tenant is responsible for all repairs and replacements, including HVAC, making this a truly passive investment opportunity. This property offers a compelling combination of strong tenant, favorable lease terms, and a high-yield return, making it an ideal addition to any investment portfolio.

Property profile
Verified
Property type Specialty properties
Year built 2021
Total area 9,180 SF
Lot 1 ac (43,560 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
Current use
Occupant on record · Public records
  • Family Dollar Discount Store
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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