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7728 Lockwood Dr, Houston, TX, 77016

Dollar General
$1,989,867

Key Information

Cap Rate
6.75%
Tot. SF
9,100
Lot Size
2.11 Acres
Year Built
2009
Term Remaining
±3.75 YRS
Type
Retail
NOI
$134,316

Highlights

  • 2009 Built to Suit Construction for Dollar General
  • Dollar General recently exercised their first option, proving their commitment to the site
  • 5-mile population in excess of 268,845 residents
  • 10-mile population in excess of 1,138,638 residents
  • Texas is an income tax-free state
  • Extremely strong corporately guaranteed lease
  • Houston is the 5th largest MSA in the country
  • This location ranks in the top 24% and 18% of all Dollar Generals in Texas and nationwide respectively (*According to Placer.AI)

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225