1930 Early Blvd, Early, TX 76802-2399

Property Details for 1930 Early Blvd

Year built

2019

Lot size

2.00 lot acres

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.

Location Insight

City

Early

County

Brown

State

Texas

Longitude

-98.9041

Latitude

31.7599

CBSA code

15220

CBSA name

BROWNWOOD, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments