Property Listing No Longer Available for Sale

6735 Golinda Dr, Lorena, TX

Retail for Sale - $1,176,575 - 9,100 Sq. Ft. on 1.37 acres


Property Info

CIMLS#968458
Location
  6735 Golinda Dr
  Lorena TX 76655
UpdatedJanuary 15th, 2018
TypeRetail
Price$1,176,575
Building9,100 Sq. Ft.
Land1.37 acres

Property Description

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a net leased, corporately guaranteed, absolute net leased, low price point Dollar General in Golinda, Texas. Dollar General signed a 15-Year lease and rent commenced April 2016, leaving over 13 years remaining on the primary term.

Location Description:

The subject property is located on the outskirts of Waco, Texas in Golinda along US HWY 77. The subject property fronts US HWY 77 with a daily traffic count over 6,000. The site is ideally positioned to attract the thousands of daily commuters to and from the city of Waco (Population 135,000).

Waco is located along I-35 between Austin and Dallas and is home to Baylor University.

Highlights:

>> 15-Year Absolute NNN Leased Dollar General - Rent Commenced April 2016

>> Low Price Point NNN Dollar General - Income Tax Free State

>> Just 14 Miles SE of Waco - Baylor University

>> Average Household Income of $80K within 5-Miles of Property

>> 10 Mile Population over 41,000

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Financials


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