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Dollar General w/ Strong Demos | South Texas - International Border| Absolute Net Lease

7129 TX-107, McAllen, TX 78504

Listing Price: $1,734,218

Cap Rate
5.00%
Tenant Name
Dollar General
Years Remaining On Lease
8.7
Gross SF
9,271
Guarantor
Corporate Guarantee
Rentable SF
9,271
Price/Gross SF
$187.06
Lease Type
Absolute Net
Rent Per Square Feet
$9.35

Investment Overview

McAllen, Texas is the epicenter of the Rio Grande Valley and continues to be the largest city in not only Hidalgo County, but the Rio Grande Valley. With a population of 140,000 and a regional customer base of 10.3 million people, McAllen is an extremely, attractive venue for retailers across the nation. McAllen has continuously been ranked by Forbes and Brookings as among the Top 20 Recession Proof Cities in the Country. McAllen’s proximity and ability to attract international shoppers positions it as one of the most competitive retail destinations in Texas. Over 15 million international bridge crossings per year, help McAllen generate more retail sales per household than Houston, Austin, San Antonio, El Paso, and Dallas. McAllen also has over twice the retail sales per capita than the State of Texas. This makes McAllen a powerful economic engine and the most coveted shopping destination in South Texas. McAllen also accounts for more than half of the sales taxes generated by all of Hidalgo County.

Investment Highlights

  • Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option.
  • Features Easy Access and Excellent Visibility. Positioned Along one of the City's Main Roads with Daily Traffic Counts Exceeding 16k Vehicles.
  • Ranked #91 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $34.22 Billion.
  • Densely Populated Area - Above Average Demographics for any Dollar General: Features more than 103k People Residing within a 5-Mile Radius.
  • McAllen is Ranked by Forbes and Brookings Among the Top Recession Proof Cities in the Country - Proximity and Ability to Attract International Shoppers Positions it as One of the Most Competitive Retail Destinations in Texas.
  • Walking Distance from Sharyland Pioneer High School - Currently with an Enrollment of more than 1,515 Students.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s) TX: 0606255

    Texas

Financing By

Discount

Dollar General w/ Strong Demos | South Texas - International Border| Absolute Net Lease

Listing Price: $1,734,218

Cap Rate
5.00%
Tenant Name
Dollar General
Years Remaining On Lease
8.7
Gross SF
9,271
Guarantor
Corporate Guarantee
Rentable SF
9,271
Price/Gross SF
$187.06
Lease Type
Absolute Net
Rent Per Square Feet
$9.35

Investment Highlights

  • Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option.
  • Features Easy Access and Excellent Visibility. Positioned Along one of the City's Main Roads with Daily Traffic Counts Exceeding 16k Vehicles.
  • Ranked #91 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $34.22 Billion.
  • Densely Populated Area - Above Average Demographics for any Dollar General: Features more than 103k People Residing within a 5-Mile Radius.
  • McAllen is Ranked by Forbes and Brookings Among the Top Recession Proof Cities in the Country - Proximity and Ability to Attract International Shoppers Positions it as One of the Most Competitive Retail Destinations in Texas.
  • Walking Distance from Sharyland Pioneer High School - Currently with an Enrollment of more than 1,515 Students.

Investment Overview

McAllen, Texas is the epicenter of the Rio Grande Valley and continues to be the largest city in not only Hidalgo County, but the Rio Grande Valley. With a population of 140,000 and a regional customer base of 10.3 million people, McAllen is an extremely, attractive venue for retailers across the nation. McAllen has continuously been ranked by Forbes and Brookings as among the Top 20 Recession Proof Cities in the Country. McAllen’s proximity and ability to attract international shoppers positions it as one of the most competitive retail destinations in Texas. Over 15 million international bridge crossings per year, help McAllen generate more retail sales per household than Houston, Austin, San Antonio, El Paso, and Dallas. McAllen also has over twice the retail sales per capita than the State of Texas. This makes McAllen a powerful economic engine and the most coveted shopping destination in South Texas. McAllen also accounts for more than half of the sales taxes generated by all of Hidalgo County.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s): TX: 0606255

    Texas

Financing By

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