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122 Cottage Rd
Carthage, TX 75633

$690,000 USD

Freestanding For Sale  •  13,647 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 13,647 SF
  • Lot Size 1.25 AC
  • Building Class C
  • Year Built 1975
  • Cap Rate 8.57 %
30 Walk Score

Highlights

5 Years Remaining on NN Fee-Simple Lease w/ Minimal Landlord Responsibilities
Strong Corporate Guaranteed Lease by Dollar General Corporation (S&P: BBB Rating)
Only Dollar General in a 9-Mile Radius – Captive Market
Hard Corner Location with Excellent Visibility on Cottage Rd and North Saint Mary Street which combined sees over 7,230+ VPD
7% Increases Every Option – Hedge Against Inflation
Nearby Points of Interest Include UT Health Carthage (23 private rooms), Tyson Foods, Genpak, Panola College (4,100+ Students), Carthage High School

Property Flyers

Cap Rate: 8.57 %

Public Transportation

AirportDriveWalkDistance
Shreveport Regional 59 min - 43.5 mi
Austin Che 469-916-8811 Exp Commercial of California, Inc.
Austin Che 469-916-8811 Exp Commercial of California, Inc.