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Dollar General

4700 Knob Rd, Springtown, TX 76082

Listing Price: $1,614,000

Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
12.8
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$10.64

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net Dollar General in Springtown, Texas. The property consists of a 9,100-square-foot, freestanding building that sits on approximately 1.69 acres of land. There are approximately 12.9 years remaining on the current lease term, with a 10 percent rental escalation scheduled in the next option, as well as each option thereafter.

Investment Highlights

  • Absolute Net Lease with 12.9 Years Remaining
  • Growing Market Northwest of Fort Worth with 44% Population Growth Since 2000 Within a 10-Mile Radius
  • More than 74,400 Residents Within a 10-Mile Radius
  • Large 1.32 Acre Parcel with Ample Parking and Multiple Access Points
  • Investment Grade Tenant (BBB; S&P)

Exclusively Listed By

Financing By

Discount

Dollar General

Listing Price: $1,614,000

Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
12.8
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$10.64

Investment Highlights

  • Absolute Net Lease with 12.9 Years Remaining
  • Growing Market Northwest of Fort Worth with 44% Population Growth Since 2000 Within a 10-Mile Radius
  • More than 74,400 Residents Within a 10-Mile Radius
  • Large 1.32 Acre Parcel with Ample Parking and Multiple Access Points
  • Investment Grade Tenant (BBB; S&P)

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net Dollar General in Springtown, Texas. The property consists of a 9,100-square-foot, freestanding building that sits on approximately 1.69 acres of land. There are approximately 12.9 years remaining on the current lease term, with a 10 percent rental escalation scheduled in the next option, as well as each option thereafter.

Exclusively Listed By

Financing By

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