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Department Store

Dollar General - Goldthwaite

2310 Priddy Rd, Goldthwaite, TX 76844

Listing Price: $1,025,000

Cap Rate
5.78%
Tenant Name
Dollar General
Years Remaining On Lease
2.4
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$6.51

Investment Overview

Marcus & Millichap is delighted to introduce an investment opportunity in Goldthwaite, Texas, featuring a single-tenant Modified Triple Net (NNN) Dollar General property. This listing offers a blend of stability and growth potential, with over 2.5 years remaining on the lease from Dollar General, a company recognized for its operational strength and rated BBB by S&P. The tenant is paying significantly below market rent currently at $0.54 per square foot per month. The lease includes renewal options with incremental rent increases, providing a hedge against inflation. Additionally, the property has recently undergone upgrades, including a new roof with a 15-year warranty, which minimizes future maintenance expenses. The seller is also willing to carry a loan, offering flexible financing options for qualified buyers. The property is currently scheduled for a store refresh in April 2026 as part of the tenant’s capital improvement initiatives, a testament to Dollar Generals commitment and the strength of this location.

This Dollar General holds a unique market position as the sole convenience-focused store within a 20-mile radius, ensuring a consistent customer base. The presence of a DG Market in town, which focuses on different product categories, complements rather than competes with this location. Goldthwaite’s advantageous location between Austin and Waco supports a robust local economy, driven by agriculture, small businesses, and tourism, enriched by its cultural heritage.

Investing in this property means more than financial returns; it represents a stake in a community where tradition meets economic opportunity. The Modified Triple Net (NNN) lease structure simplifies property management responsibilities, making it an attractive option for investors seeking a low-maintenance investment with a hedge against inflation.

Investment Highlights

  • NNN Dollar General: 2.5+ Years Term Remaining (Modified Triple Net) with Minimal Landlord Responsibilities | Brand New Roof with 15 Year Warranty.
  • Excellent Hedge Against Inflation: Three Five-Year Options with Rental Increases at each Option Period.
  • Potential for Owner Carry - Seller Willing to Consider Carrying a Loan - Contact Agent for Details
  • Significantly Below Market Rent: Dollar General is Paying $0.54 Per Square Foot Per Month at this Location.
  • Proven Operational Success: The Subject Dollar General Boasts an Impressive 20-Year Operating History Demonstrating Successful Operations at the Location.
  • Store Refresh Set for Q2 2026: Part of the Tenant's Capital Improvement Initiatives.
  • Limited Internal Competition – Essential Use: The Subject Property is the Only Dollar General Convenience Only Store in a 20-Mile Radius. Located in the Northern Neighborhood of the City, a New DG Market Opened in 2023 on the South Side of Town Focused on Grocery Sales.
  • Historic Texas City with Rich Heritage: Goldthwaite, Texas, is a Small City Located in Mills County, Approximately 120 Miles Northwest of Austin and 70 Miles Southwest of Waco. The Local Economy is Primarily Driven by Agriculture, Ranching, and Small Businesses, with Tourism Bolstered by Various Community Events, Including Festivals and Rodeos that Celebrate its Cultural Heritage.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Department Store

Dollar General - Goldthwaite

Listing Price: $1,025,000

Cap Rate
5.78%
Tenant Name
Dollar General
Years Remaining On Lease
2.4
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$6.51

Investment Highlights

  • NNN Dollar General: 2.5+ Years Term Remaining (Modified Triple Net) with Minimal Landlord Responsibilities | Brand New Roof with 15 Year Warranty.
  • Excellent Hedge Against Inflation: Three Five-Year Options with Rental Increases at each Option Period.
  • Potential for Owner Carry - Seller Willing to Consider Carrying a Loan - Contact Agent for Details
  • Significantly Below Market Rent: Dollar General is Paying $0.54 Per Square Foot Per Month at this Location.
  • Proven Operational Success: The Subject Dollar General Boasts an Impressive 20-Year Operating History Demonstrating Successful Operations at the Location.
  • Store Refresh Set for Q2 2026: Part of the Tenant's Capital Improvement Initiatives.
  • Limited Internal Competition – Essential Use: The Subject Property is the Only Dollar General Convenience Only Store in a 20-Mile Radius. Located in the Northern Neighborhood of the City, a New DG Market Opened in 2023 on the South Side of Town Focused on Grocery Sales.
  • Historic Texas City with Rich Heritage: Goldthwaite, Texas, is a Small City Located in Mills County, Approximately 120 Miles Northwest of Austin and 70 Miles Southwest of Waco. The Local Economy is Primarily Driven by Agriculture, Ranching, and Small Businesses, with Tourism Bolstered by Various Community Events, Including Festivals and Rodeos that Celebrate its Cultural Heritage.

Investment Overview

Marcus & Millichap is delighted to introduce an investment opportunity in Goldthwaite, Texas, featuring a single-tenant Modified Triple Net (NNN) Dollar General property. This listing offers a blend of stability and growth potential, with over 2.5 years remaining on the lease from Dollar General, a company recognized for its operational strength and rated BBB by S&P. The tenant is paying significantly below market rent currently at $0.54 per square foot per month. The lease includes renewal options with incremental rent increases, providing a hedge against inflation. Additionally, the property has recently undergone upgrades, including a new roof with a 15-year warranty, which minimizes future maintenance expenses. The seller is also willing to carry a loan, offering flexible financing options for qualified buyers. The property is currently scheduled for a store refresh in April 2026 as part of the tenant’s capital improvement initiatives, a testament to Dollar Generals commitment and the strength of this location. This Dollar General holds a unique market position as the sole convenience-focused store within a 20-mile radius, ensuring a consistent customer base. The presence of a DG Market in town, which focuses on different product categories, complements rather than competes with this location. Goldthwaite’s advantageous location between Austin and Waco supports a robust local economy, driven by agriculture, small businesses, and tourism, enriched by its cultural heritage. Investing in this property means more than financial returns; it represents a stake in a community where tradition meets economic opportunity. The Modified Triple Net (NNN) lease structure simplifies property management responsibilities, making it an attractive option for investors seeking a low-maintenance investment with a hedge against inflation.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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