Retail Space
401 Ellis Street Menard, TX 76859
Details & Description
Price: $1,582,250
    Property Highlights
     Absolute NNN Lease zero management responsibilities provide for a complete hands-off investment
     Rare rent increase every 3-years for the life of the lease CPI Based formula with 6 max increase
    Listing Agents
    Josh Bishop

    O: 214-692-2289
    M: 315-730-6228
    josh.bishop@matthews.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    401 Ellis Street

    Menard, TX 76859

    Listing ID: 275106
    401 Ellis Street Menard, TX 76859 | for Sale | Photo 1
    Building Size: 8,400 SF
    Lot Size: 1.000 AC
    Land Size: 43,560 SF
    Building $/SF: $188.36
    Land $/SF: $36.32
    Price
    $1,582,250
    Property Highlights
    9.25 Years remaining on the base term of an initial 15-year lease
    Absolute NNN Lease zero management responsibilities provide for a complete hands-off investment
    Extremely strong corporate guarantee from Family Dollar SP rated BBB-
    Rare rent increase every 3-years for the life of the lease CPI Based formula with 6 max increase
    Six, 5-Year extension options, all of which include the CPI-based increases every 3-years
    2015 build-to-suit construction for Family Dollar
    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    Menard Area Market Trends

    Listing Demographics for 401 Ellis Street Menard, TX 76859

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population1991,1891,776
    Population Median Age474646
    Population by Age0-9 Yrs12 (6%)74 (6%)110 (6%)
    10-19 Yrs22 (11%)134 (11%)202 (11%)
    20-29 Yrs24 (12%)157 (13%)241 (13%)
    30-39 Yrs13 (6%)78 (6%)117 (6%)
    40-49 Yrs32 (16%)197 (16%)297 (16%)
    50-59 Yrs24 (12%)132 (11%)193 (10%)
    60-69 Yrs33 (16%)183 (15%)265 (14%)
    70+ Yrs40 (20%)235 (19%)351 (19%)
    Median HH Income$36,734$36,469$36,381
    Total Household Income< 24K34 (37%)211 (39%)322 (40%)
    25-49K30 (32%)165 (30%)238 (29%)
    50-74K11 (12%)59 (10%)87 (10%)
    75-99K4 (4%)21 (3%)32 (3%)
    100-199K11 (12%)74 (13%)114 (14%)
    200K+1 (1%)8 (1%)11 (1%)
    Highest Education LevelNo Diploma42246362
    Diploma or GED49331515
    Some College35195284
    Assoc. Degree94665
    Bachelors Degree1793134
    Higher Degree95174
    Total Housing Units1347981,206
    --Owner-Occupied63359527
    --Renter-Occupied27179276
    Owner-Occupied Values< 100K47269393
    100-199K115783
    200-299K1813
    300-399K42537
    400-499K001
    500K+000
    Total Working Age Population1711,0271,535
    In Work Force102610912
    Not In Work Force70417624
    Workforce Employed99591883
    Workforce Unemployed31829
    Civlian Workforce102610912
    Military Workforce000
    Total Households91538803
    Family Households52310464
    Non-Family Households39228339
    Married Couple41244364
    Other Family1166100
    Married w/Child126898
    Single Male w/Child21931
    Single Female w/Child31624

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Menard County2,360-52,242-22,188-32,119

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 401 Ellis Street in Menard?
    The asking price for 401 Ellis Street is $1,582,250
    What is the building size of this Retail property in Menard, TX?
    The size of the building/unit at 401 Ellis Street in Menard is 8,400 square feet
    How much land does the Menard, TX property at 401 Ellis Street include?
    401 Ellis Street in Menard includes 1.000 acres of land
    What kind of Retail is the propery at 401 Ellis Street?
    The property at 401 Ellis Street Menard, TX 76859 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 401 Ellis Street in Menard?
    The population within 1 mile of 401 Ellis Street Menard, TX 76859 is 199 people.
    Who do I contact for questions about 401 Ellis Street?
    You should contact the listing agent, Josh Bishop, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    San Antonio International Airport (SAT) 124
    Austin Bergstrom International Airport (AUS) 135
    Dallas Fort Worth International Airport (DFW) 212