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Dollar General Market - Upgraded Construction | Texas | 15 Year Absolute NNN w/ Rent Increases

SEQ Division St & North Main St, Jewett, TX 75846

Listing Price: $2,338,443

Cap Rate
7.00%
Tenant Name
Dollar General Market
Years Remaining On Lease
15.5
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$219.78
Lease Type
Absolute Net
Rent Per Square Feet
$15.38

Investment Overview

Jewett, TX, is a charming community located in Leon County, at the crossroads of major regional routes like U.S. Highway 79 and Texas State Highway 39. This strategic position makes Jewett a hub for travelers and nearby residents seeking convenient access to goods and services. The town is situated roughly halfway between Dallas and Houston, making it an attractive stop for commuters and long-distance travelers.

Jewett is surrounded by a blend of rural landscapes and growing suburban areas, fostering a mix of tranquility and accessibility. The town benefits from its proximity to Lake Limestone, a popular destination for outdoor recreation, including fishing, boating, and camping. This natural draw brings steady foot traffic to the area, bolstering local businesses.

The community itself is welcoming and tight-knit, with a modest but stable population that supports its local economy. Nearby schools, churches, and small businesses create a sense of community engagement, while the low cost of living appeals to families and retirees. Additionally, Jewett’s annual events and attractions, such as the Leon County Wildlife Expo, further enhance its appeal as a regional destination.

Jewett’s location and surrounding amenities offer a prime opportunity for businesses to thrive. Its position as a gateway for commerce in Leon County ensures steady customer traffic and ongoing growth potential.

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years Throughout the Initial Term and Options. Brand New 2025 High Quality Construction.
  • Dollar General Market is a Larger Format Store with Expanded Grocery Offerings - This new Concept Offers Fresh Food Options including Fruits and Vegetables, Home Goods, Apparel and more.
  • Ranked #108 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $37.84 Billion.
  • Features Easy Access & Excellent Visibility - Located Along U.S. Hwy-79 (8k+ VPD) and near TX Hwy-39, which are Traveled by Commuters, Truckers, and Long-distance Travelers between Major Cities like Dallas and Houston.
  • The Nearby Presence of Nucor Steel, Texas Westmoreland Coal, Jewett Mine and Industries including Energy Production, and Manufacturing Generates for an Increased Customer Base of Workers, Contractors, and Business Travelers.
  • Directly Across from Baymont by Wyndham Hotels. In Close Proximity to Lake Limestone - a Popular Recreational Spot that Attracts Tourists and Vacationers, increasing the need for Accommodations.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s) TX: 0606255

    Texas

Financing By

Discount

Dollar General Market - Upgraded Construction | Texas | 15 Year Absolute NNN w/ Rent Increases

Listing Price: $2,338,443

Cap Rate
7.00%
Tenant Name
Dollar General Market
Years Remaining On Lease
15.5
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$219.78
Lease Type
Absolute Net
Rent Per Square Feet
$15.38

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years Throughout the Initial Term and Options. Brand New 2025 High Quality Construction.
  • Dollar General Market is a Larger Format Store with Expanded Grocery Offerings - This new Concept Offers Fresh Food Options including Fruits and Vegetables, Home Goods, Apparel and more.
  • Ranked #108 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $37.84 Billion.
  • Features Easy Access & Excellent Visibility - Located Along U.S. Hwy-79 (8k+ VPD) and near TX Hwy-39, which are Traveled by Commuters, Truckers, and Long-distance Travelers between Major Cities like Dallas and Houston.
  • The Nearby Presence of Nucor Steel, Texas Westmoreland Coal, Jewett Mine and Industries including Energy Production, and Manufacturing Generates for an Increased Customer Base of Workers, Contractors, and Business Travelers.
  • Directly Across from Baymont by Wyndham Hotels. In Close Proximity to Lake Limestone - a Popular Recreational Spot that Attracts Tourists and Vacationers, increasing the need for Accommodations.

Investment Overview

Jewett, TX, is a charming community located in Leon County, at the crossroads of major regional routes like U.S. Highway 79 and Texas State Highway 39. This strategic position makes Jewett a hub for travelers and nearby residents seeking convenient access to goods and services. The town is situated roughly halfway between Dallas and Houston, making it an attractive stop for commuters and long-distance travelers. Jewett is surrounded by a blend of rural landscapes and growing suburban areas, fostering a mix of tranquility and accessibility. The town benefits from its proximity to Lake Limestone, a popular destination for outdoor recreation, including fishing, boating, and camping. This natural draw brings steady foot traffic to the area, bolstering local businesses. The community itself is welcoming and tight-knit, with a modest but stable population that supports its local economy. Nearby schools, churches, and small businesses create a sense of community engagement, while the low cost of living appeals to families and retirees. Additionally, Jewett’s annual events and attractions, such as the Leon County Wildlife Expo, further enhance its appeal as a regional destination. Jewett’s location and surrounding amenities offer a prime opportunity for businesses to thrive. Its position as a gateway for commerce in Leon County ensures steady customer traffic and ongoing growth potential.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s): TX: 0606255

    Texas

Financing By

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