1930 Early BlvdEarly, TX 76802

Property Details for 1930 Early Blvd

Year built

2019

Lot size

2.00 AC

Property size (Sq ft)

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.

Location Insight

City

Early

County

Brown

State

Texas

Latitude

31.7599

Longitude

-98.9041

CBSA code

15220

CBSA name

BROWNWOOD, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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