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Dollar General - Stinnett
1100 S Main St, Stinnett, TX 79083
Listing Price: $1,648,991
Investment Overview
Marcus & Millichap is pleased to present an ideal 1031 exchange opportunity with a single-tenant Dollar General located in Stinnett, Texas. The lease is corporately guaranteed by Dollar General, listed on the New York Stock Exchange (NYSE: DG) with a Baa2 rating from Moody’s. With an absolute NNN (Triple Net) lease structure, the investment provides a passive income stream with zero landlord responsibilities.
The lease has a remaining term of nine years, along with three (five) year options with 10 percent increase every five years throughout the option periods. The tenant, Dollar General, operates in the necessity-based retail sector, serving local daily needs with an essential use. Situated in Stinnett, a neighboring town to Amarillo, Texas, the property benefits from its proximity to Amarillo, which boasts a population of 201,234 and is strategically located near the state capitals of New Mexico, Oklahoma, and Colorado.
Located off Highway 135, adjacent to West Texas Elementary School, Dairy Queen, First Baptist Church, and Desert Dove Hacienda RV Park & Cabins, the property enjoys a prime location with high visibility and access for customers.
Dollar General - Stinnett
Investment Highlights
- Ideal 1031 Exchange Opportunity – Single Tenant Dollar General
- Corporate Guaranteed Lease - Dollar General NYSE: DG – Moody's Rated Baa2
- Absolute NNN – Zero Landlord Responsibilities – Passive Investment
- Nine Years Remaining with three (Five) Year Options – Increases Throughout Options
- 10 Percent Increase Every Five Years throughout Option Periods
- Necessity Based Tenant – Essential Use – Local Daily Needs
- Stinnett is a Neighboring Town to Amarillo, Texas (1 Hour Drive / 57 Miles). Amarillo, Texas has a Population of 201,234 and in Close Proximity to the New Mexico, Oklahoma and Colorado State Capitals
- This Property is Located off Highway 135 Next to West Texas Elementary School, Dairy Queen, First Baptist Church and Desert Dove Hacienda RV Park and Cabins
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,648,991
Investment Highlights
- Ideal 1031 Exchange Opportunity – Single Tenant Dollar General
- Corporate Guaranteed Lease - Dollar General NYSE: DG – Moody's Rated Baa2
- Absolute NNN – Zero Landlord Responsibilities – Passive Investment
- Nine Years Remaining with three (Five) Year Options – Increases Throughout Options
- 10 Percent Increase Every Five Years throughout Option Periods
- Necessity Based Tenant – Essential Use – Local Daily Needs
- Stinnett is a Neighboring Town to Amarillo, Texas (1 Hour Drive / 57 Miles). Amarillo, Texas has a Population of 201,234 and in Close Proximity to the New Mexico, Oklahoma and Colorado State Capitals
- This Property is Located off Highway 135 Next to West Texas Elementary School, Dairy Queen, First Baptist Church and Desert Dove Hacienda RV Park and Cabins
Investment Overview
Marcus & Millichap is pleased to present an ideal 1031 exchange opportunity with a single-tenant Dollar General located in Stinnett, Texas. The lease is corporately guaranteed by Dollar General, listed on the New York Stock Exchange (NYSE: DG) with a Baa2 rating from Moody’s. With an absolute NNN (Triple Net) lease structure, the investment provides a passive income stream with zero landlord responsibilities. The lease has a remaining term of nine years, along with three (five) year options with 10 percent increase every five years throughout the option periods. The tenant, Dollar General, operates in the necessity-based retail sector, serving local daily needs with an essential use. Situated in Stinnett, a neighboring town to Amarillo, Texas, the property benefits from its proximity to Amarillo, which boasts a population of 201,234 and is strategically located near the state capitals of New Mexico, Oklahoma, and Colorado. Located off Highway 135, adjacent to West Texas Elementary School, Dairy Queen, First Baptist Church, and Desert Dove Hacienda RV Park & Cabins, the property enjoys a prime location with high visibility and access for customers.
Exclusively Listed By
Broker of Record
Financing By
