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Dollar General

1326 E Bypass U.S. 287, Alvord, TX 76225

Listing Price: $1,450,000

Tenant Name
Dollar General Corporation
Years Remaining On Lease
5.2
Gross SF
9,014
Guarantor
Corporate Guarantee
Rentable SF
7,400
Price/Gross SF
$160.86
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.73

Investment Overview

Dollar General in Alvord, Texas, established in 2010, has served the community for over a decade under a lease initiated on October 30, 2009, and extended for an additional 10 years until June 30, 2029. Operating with a NNN lease, the property covers 9,104 square feet on a 1.64-acre lot, with minimal landlord responsibilities, including maintenance of the roof, structures, and parking lot. Conveniently located on E Bypass 287 near Highway 287, where daily traffic exceeds 20,000 vehicles, the store strategically benefits from its proximity to major cities such as Fort Worth and Dallas, solidifying its position as a vital retail presence in the region.

Investment Highlights

  • This investment offers a contemporary retail space with strong potential for sustained growth. Modern Dollar General anchored by Austin Stone Building, spanning 9,014 SF.
  • Stable income stream with a Dollar General Corporate Guaranteed Lease, featuring two (2) five (5) year option periods with 10% rental increases, providing secure and predictable returns.
  • This property stands as one of the primary retail stores in the area, enjoying a strategic advantage with limited competition, being over 10 miles away.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Listing Price: $1,450,000

Tenant Name
Dollar General Corporation
Years Remaining On Lease
5.2
Gross SF
9,014
Guarantor
Corporate Guarantee
Rentable SF
7,400
Price/Gross SF
$160.86
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.73

Investment Highlights

  • This investment offers a contemporary retail space with strong potential for sustained growth. Modern Dollar General anchored by Austin Stone Building, spanning 9,014 SF.
  • Stable income stream with a Dollar General Corporate Guaranteed Lease, featuring two (2) five (5) year option periods with 10% rental increases, providing secure and predictable returns.
  • This property stands as one of the primary retail stores in the area, enjoying a strategic advantage with limited competition, being over 10 miles away.

Investment Overview

Dollar General in Alvord, Texas, established in 2010, has served the community for over a decade under a lease initiated on October 30, 2009, and extended for an additional 10 years until June 30, 2029. Operating with a NNN lease, the property covers 9,104 square feet on a 1.64-acre lot, with minimal landlord responsibilities, including maintenance of the roof, structures, and parking lot. Conveniently located on E Bypass 287 near Highway 287, where daily traffic exceeds 20,000 vehicles, the store strategically benefits from its proximity to major cities such as Fort Worth and Dallas, solidifying its position as a vital retail presence in the region.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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