2023 Dollar General | Briggs, TX
10,542 SF | Retail Building | Briggs, TX 78608 | $1,829,896 ($174/SF) | 6.70% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,829,896
- Property Type
-
Retail
- Square Feet
- 10,542 SF
- Price / Square Foot
- $174
Listing Contacts
Elizabeth Randall
Verified Profile
- Property Info
Property Overview
Randall Commercial Group is pleased to exclusively offer for sale this brand new, free-standing Dollar General in Briggs, TX. The subject property has a 15-year, NNN lease with a commencement date of July 7, 2023. The property is located along US Highway 183 at the southern edge of the city of Briggs, a small town just northwest of the city of Austin and Round Rock. Dollar General is an investment-grade tenant with a Standard & Poor “BBB” credit rating.
Property Details
- Year Built
- 2023
- Stories
- 1
- Lot Size (sq. ft)
- 85,813 SF
Highlights
- NNN Single Tenant Investment Opportunity
- Located approximately 50 miles from downtown Austin, TX
- 15-Year Lease with Five (5), Five (5) Year Options
- 10% Increases Per Option
- Corporate Guarantee by Dollar General Corporation
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