pOpshelf (Dollar General)

10,730 SF | Retail Building | Alvin, TX 77511 | $2,305,000 ($215/SF) | 5.85% Cap Rate

Asking Price $2,305,000

Property Type: Retail
Square Feet: 10,730 SF
Price / Square Foot: $215

Listing Contacts

Klinton Lewis

Verified Profile

Property Info

Property Overview

Embree Capital Markets Group is pleased to offer for sale to qualified investors a unique pOpshelf retail store. POpshelf is an exciting Dollar General brand
located in affluent suburban areas based on home décor, seasonal entertaining and health & beauty, with 95 percent of the items priced below $5.00. This is an opportunity for an investor to acquire a build-to-suit, well-located, asset in a desirable Texas geography. The property features a 15-year Absolute NNN Lease that features four, 5-Year options with rental increases of 10% at each option period.

Property Details

Class: C
Year Built: 2022
Stories: 1
Property Subtype: Freestanding, Storefront
Lot Size (sq. ft): 122,839 SF

Highlights

Dollar General’s New Brand “pOpshelf”
35-Miles South of Houston, TX
New 2022 Build-To-Suit
Corporate Guaranty (Dollar General Corporation)
New 15-year Absolute NNN Lease (Dec 2022)
56,000+ VPD Traffic Counts

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