9343 2Nd St Batson, TX 77519
For Sale
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This fee-simple retail property in Batson, Texas, presents a compelling investment opportunity. The 10,488 square-foot building, constructed in 2021, houses a Family Dollar/Dollar Tree store operating under a corporate-guaranteed, net lease. The lease commenced August 1, 2021, and has a remaining term of 7.4 years, expiring March 31, 2032. The lease includes annual rent increases of $0.50 per square foot at the beginning of each option period, providing built-in inflation protection. The property boasts a strong 8.00% cap rate and a net operating income (NOI) of $100,800, with an asking price of $1,260,000 ($120.14 per square foot). Situated on a 0.92-acre lot with 37 parking spaces, the property is zoned for general commercial use and enjoys excellent visibility due to its location near the intersection of Main Street and State Highway 105, which sees a combined 9,200 vehicles per day. The property benefits from its proximity to West Hardin High School and a strong demographic profile within a 5-mile radius, including over 1,900 residents and 300 daytime employees, with an average household income of $77,430. The lack of competition within the immediate area further enhances the property's investment potential. The property's APN is 000016-002305.
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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 blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.