1326 Us Highway 67 Big Lake, TX 76932
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.
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Family Dollar Discount Store
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.