Dollar General

3

11801 Old 2243 West
Leander, TX

Price: $1,700,000
Cap Rate: 6%
NOI: $101,988
Building Size: Approx. 9,100 Sq. Ft.
Lot Size: Approx. 1.16 Acres
Status: Sold
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2016

Investment Overview

  • 9,100+/- SF Building on 1.16+/- Acre Site
  • 15 Year Corp Abs NNN Lease began Dec 2016
  • Located along Old 2243 (14K VPD), W of 183A (27K VPD)
  • Near CVS, Taco Bell, Valero, Texaco, ExtraSpace Self Storage
  • Across Hermosa (248-Units) & Leander Senior Village (192-Units)
  • Near Bagdad Elem (570 Stud) & Leander Middle School (862 Stud)
  • Recognition: Award winning school districts & Affordable Housing
  • Leander is one of the fastest growing suburbs north of Austin, TX
  • New $60 Million community college campus opened summer 2018
  • Leander is 12-Miles W of Georgetown & 23-Miles NW of Austin, TX
  • 5-Miles: Est 2018 Population: 82,554 l 3-Miles Avg HH Income: $91,981
  • Greater Austin (MSA): One of the fast-growing Metro’s in the U.S.A