Midland, TX 79707

Dollar General

Property Address

6811 FM1788, Midland, TX 79707, USA

Offering Summary

  • Price: $1,818,080
  • Lot Size: 1.33 Acres
  • Cap Rate: 5.00%
  • Year Built: 2016
  • Building SF: 9,026
  • Status: Available
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  • Absolute Triple-Net (NNN) Lease Located in Tax-Free State
  • Approximately 9 Years Remaining on Absolute Triple-Net (NNN) Lease
  • 10% Percent Rental Increases Every Five Years Throughout the Lease Term and in Option Periods
  • Located Along FM1788, Immediately Connected to Route 158 (Roughly 18,700+ Combined Cars per Day)
  • Rapid Economic and Population Growth: Over 20% Projected Over Next 5 Years
  • 293,666 Residents within 15-Mile Radius
  • Large Lot - 1.33 Acres
  • Proximity to The Permian Basin, Responsible for 30% of All U.S. Oil Production & Covering More Than 86,000 Square Miles
  • Average Household Income Exceeds $174,800 within 5 Miles

Broker Information