1930 Early Blvd Early, TX 76802-2399
- Commercial real estate
- 9,220 SF
- 2.00 lot acres
Mar 03, 2020
Current Use by Public Records
- Commercial real estate
Property Details for 1930 Early Blvd
- Year built
- 2019
- Lot size
- 2.00 lot acres
- Property size
- 9,220 SF
- Property type
- Commercial real estate
- APN
- 20051791
- APU
- 20051791
Description
This exceptional investment opportunity presents a fee-simple ownership of a 9,100 square foot Dollar General store, located at 1930 Early Blvd, Early, TX 76802. The property sits on a 2-acre lot and includes 29 parking spaces. Built in 2019, this single-tenant, absolute NNN net lease boasts a 100% occupancy rate with a remaining lease term of 10 years, extending to December 31, 2034. The current lease commenced December 1, 2019, and features three (3) to five (5) year lease options with a 10% rent increase at each option period. The property generates a substantial net operating income (NOI) of $93,087, resulting in an attractive 6.75% capitalization rate. The asking price is $1,379,070. This investment offers exceptional stability and strong cash flow potential due to the creditworthiness of the national tenant and the long-term lease structure. The property's prime location in Early, Brown County, Texas, further enhances its value and appeal. The property's APN is 20051791. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment in a thriving market.
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
- Early
- County
- Brown
- State
- Texas
- Longitude
- -98.9041
- Latitude
- 31.7599
- CBSA code
- 15220
- CBSA name
- BROWNWOOD, TX MICROPOLITAN STATISTICAL AREA
