Discount
Dollar General
6811 Farm to Market 1788, Midland, TX 79706
Listing Price: $1,818,080
Investment Overview
Marcus & Millichap is pleased to offer the exclusive listing of a single tenant corporate-guaranteed Dollar General asset. Dollar General (NYSE: DG) reported $34 Billion in Net Sales in the 2021 Fiscal Year, and is expanding rapidly with 75 percent of Americans living within five miles of a Dollar General Store location. At this Midland location, customers are within 15 miles of Downtown Midland, with several local employers driving traffic to the store.
Dollar General
Investment Highlights
- Absolute Triple-Net (NNN) Lease Located in Tax-Free State
- Approximately Nine Years Remaining on Absolute Triple-Net (NNN) Lease
- 10 Percent Rental Increases Every Five Years Throughout the Lease Term and in Option Periods
- Located Along FM1788, Immediately Connected to Route 158 (Roughly Over 18,700 Combined Cars per Day)
- Rapid Economic and Population Growth: Over 20 Percent Projected Over Next Five Years
- 293,666 Residents Within 15-Mile Radius
- Large Lot - 1.33 Acres
- Proximity to The Permian Basin, Responsible for 30 Percent of All U.S. Oil Production and Covering More than 86,000 Square Miles
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,818,080
Investment Highlights
- Absolute Triple-Net (NNN) Lease Located in Tax-Free State
- Approximately Nine Years Remaining on Absolute Triple-Net (NNN) Lease
- 10 Percent Rental Increases Every Five Years Throughout the Lease Term and in Option Periods
- Located Along FM1788, Immediately Connected to Route 158 (Roughly Over 18,700 Combined Cars per Day)
- Rapid Economic and Population Growth: Over 20 Percent Projected Over Next Five Years
- 293,666 Residents Within 15-Mile Radius
- Large Lot - 1.33 Acres
- Proximity to The Permian Basin, Responsible for 30 Percent of All U.S. Oil Production and Covering More than 86,000 Square Miles
Investment Overview
Marcus & Millichap is pleased to offer the exclusive listing of a single tenant corporate-guaranteed Dollar General asset. Dollar General (NYSE: DG) reported $34 Billion in Net Sales in the 2021 Fiscal Year, and is expanding rapidly with 75 percent of Americans living within five miles of a Dollar General Store location. At this Midland location, customers are within 15 miles of Downtown Midland, with several local employers driving traffic to the store.
Exclusively Listed By
Broker of Record
Financing By
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