5325 FM 902 Gainesville, TX 76240
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 5325 FM 902
- Property type
- Retail properties
- Property subtype
- Investment properties
Description
This exceptional investment opportunity presents a newly constructed, 10,500 square foot Family Dollar and Dollar Tree combo store in Gainesville, Texas. Located at 5325 FM 902, this dual-branded retail property benefits from a new 10-year net lease, minimizing landlord responsibilities. The lease features a corporate guarantee, providing financial security for the investor. The building boasts excellent visibility along Farm to Market 902, offering direct access to downtown Gainesville. This is a turnkey investment in a thriving Agri-business center within Cooke County, a city with a population of 17,394 (2020 Census). The property represents a rare chance to acquire a new construction, net-leased asset with minimal landlord obligations in a tax-free income state. The investment is structured as a net-lease, specifically an Investment NNN type, offering a passive income stream. This hybrid store concept combines the popular Family Dollar and Dollar Tree brands, maximizing retail potential. The property's prime location and strong tenant ensure a stable and attractive return on investment. The asking price is $1,732,500.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- State
- Texas
