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Family Dollar

413 West Main Street, Italy, TX, USA
$1,001,783 8.75% Cap 8,320 sq ft Built 2013 Representative Photo Print This Page

Location

413 West Main Street, Italy, TX, USA

Price: $1,001,783
CAP Rate: 8.75%
Total NOI: $87,656
Square-Footage: 8,320
Lot Size: 2.21 AC
Year Built: 2013

100% Fee Simple InterestCorporate GuaranteeIncome Tax Free StateMinimal Landlord ObligationsNet Leased Offering

The Kase Group is pleased to offer the opportunity to acquire the 100% fee simple interest in a net leased Family Dollar.

This 8,320 square foot Family Dollar, in Italy, Texas just 44 miles from Downtown Dallas. The 100% fee simple interest in the underlying land and building is being offered. The tenant has six, 5-year options to renew with 10% increases in rent during the option periods.

Italy is located in southwestern Ellis County. Interstate 35E crosses the northwest corner of the town at Exit 386; it leads north 15 miles (24 km) to Waxahachie, the county seat, north 44 miles (71 km) to downtown Dallas, and southwest 15 miles (24 km) to its junction with I-35W near Hillsboro. U.S. Route 77 passes through the center of Italy and parallels I-35E. Texas State Highway 34 leads northeast from the center of Italy 20 miles (32 km) to Ennis.

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Kase Abusharkh Founding Principal View profile
Jacob Abusharkh Managing Principal View profile

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