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Dollar General Market w/ Strong Demos | Texas | 15 Year Abs. Net Lease | Larger Format Store Concept

314 Liberal St, Dalhart (Texas Panhandle), TX 79022

Listing Price: $1,885,290

Cap Rate
5.35%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Gross SF
12,480
Guarantor
Corporate Guarantee
Rentable SF
12,480
Price/Gross SF
$151.06
Lease Type
Absolute Net
Rent Per Square Feet
$8.08

Investment Overview

Dalhart is a city in Dallam and Hartley counties in the U.S. state of Texas, and the county seat of Dallam County. Dalhart is located in northwestern Texas and is heavily impacted by its agriculture industry. Dalhart is about 70 miles northwest of Amarillo, the nearest city that has a population over 100,000. Dalhart sits at the intersection of U.S. Highway 87, 385, and 54. Two miles south of Dalhart is the former Rita Blanca State Park, site of Rita Blanca Canyon, now maintained by the City of Dalhart. It is 1,680 acres, plus the 160 acres of Lake Rita Blanca, on Rita Blanca Creek. The park has playground equipment and hiking/biking/riding trails. The city has added a Lake Center at which guests can check-out various items such as bicycles, board games, fishing poles & tackle, golf discs, and more. Dalhart is located closer to six other state capitals than to Texas’ capital of Austin.

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2022 Construction.
  • 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.
  • Positioned Along Area's Retail & Traffic Corridor. Hard Corner Location - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 14k Vehicles.
  • Dollar General Market is a Larger Format Store with Expanded Grocery Offerings - This new Concept Offers Fresh Food Options including Fruits and Vegetables, Home Goods, Apparel and more.

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 Market w/ Strong Demos | Texas | 15 Year Abs. Net Lease | Larger Format Store Concept

Listing Price: $1,885,290

Cap Rate
5.35%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Gross SF
12,480
Guarantor
Corporate Guarantee
Rentable SF
12,480
Price/Gross SF
$151.06
Lease Type
Absolute Net
Rent Per Square Feet
$8.08

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2022 Construction.
  • 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.
  • Positioned Along Area's Retail & Traffic Corridor. Hard Corner Location - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 14k Vehicles.
  • Dollar General Market is a Larger Format Store with Expanded Grocery Offerings - This new Concept Offers Fresh Food Options including Fruits and Vegetables, Home Goods, Apparel and more.

Investment Overview

Dalhart is a city in Dallam and Hartley counties in the U.S. state of Texas, and the county seat of Dallam County. Dalhart is located in northwestern Texas and is heavily impacted by its agriculture industry. Dalhart is about 70 miles northwest of Amarillo, the nearest city that has a population over 100,000. Dalhart sits at the intersection of U.S. Highway 87, 385, and 54. Two miles south of Dalhart is the former Rita Blanca State Park, site of Rita Blanca Canyon, now maintained by the City of Dalhart. It is 1,680 acres, plus the 160 acres of Lake Rita Blanca, on Rita Blanca Creek. The park has playground equipment and hiking/biking/riding trails. The city has added a Lake Center at which guests can check-out various items such as bicycles, board games, fishing poles & tackle, golf discs, and more. Dalhart is located closer to six other state capitals than to Texas’ capital of Austin.

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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