DOLLAR GENERAL MARKET | 15YR NNN W/ INCREASES
10,687 SF | Retail Building | De Leon, TX 76444 | $2,562,103 ($240/SF) | 6.80% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,562,103
- Property Type
-
Retail
- Square Feet
- 10,687 SF
- Price / Square Foot
- $240
Listing Contacts
Alvin Mansour
Verified Profile
Jon Talia
Verified Profile
- Property Info
Property Overview
Brand New 2024 Construction | Relocation Site | Larger Format Store Concept | Hard Corner Location | Walking Distance from High School | Amazon Resistant Investment Grade Retail Concept
Property Details
- Year Built
- 2024
- Stories
- 1
- Property Subtype
- Freestanding, Grocery/Convenience Store, Storefront
- Lot Size (sq. ft)
- 48,787 SF
Highlights
- 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years Throughout the Initial Term and Options.
- Dollar General Market is a Larger Format Store with Expanded Grocery Offerings - This new Concept Offers Fresh Food Options.
- Ranked #108 on the Fortune 500 List. Dollar General (NYSE: DG) Investment Grade Credit Rating “BBB” by S&P’s and Annual Revenue Exceeding $37B.
- Features Easy Access and Excellent Visibility Along one of the City’s Main Roads w/ Daily Traffic Counts Exceeding 5k Vehicles. Hard Corner Location.
- This Dollar General Market is a Relocation of an Existing Store in the Immediate Area - Demonstrating a Strong Commitment to the Location.
- Walking Distance from De Leon High School and Numerous others, providing for an Increased Potential Customer Base.
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