7728 Lockwood Dr

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7728 Lockwood Dr

Houston, TX 77016
Asking Price
Contact for price
Asset Type
Convenience Store Retail
Class
Class B

What's Special

5-mile population in excess of 268,845 | Recently exercised option <ul><li>​2009 Built to Suit Construction for Dollar General</li><li>​Dollar General recently exercised their first option, proving their commitment to the site</li><li>​5-mile population in excess of 268,845 residents</li><li>​10-mile population in excess of 1,138,638 residents</li><li>​Texas is an income tax-free state</li><li>​Extremely strong corporately guaranteed lease</li><li>​Houston is the 5th largest MSA in the country</li><li>​This location ranks in the top 24% and 18% of all Dollar Ge

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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