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Dollar General (Seller Financing)

1301 N McColl Rd, Edinburg, TX 78541

Listing Price: $1,320,000

Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
8.6
Gross SF
7,545
Guarantor
Corporate Guarantee
Rentable SF
7,545
Price/Gross SF
$174.95
Lease Type
Absolute Net
Rent Per Square Feet
$11.81

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Dollar General in Edinburg, TX. The property consists of a 7,545-square-foot, freestanding building that sits on approximately 1.61 acres of land. There are 8.7 years remaining on the lease with 10% rental increases in each option.

Investment Highlights

  • Absolute Net Lease with 8.7 Years Remaining
  • Excellent Access and Visibility on North McColl Road (18,184 VPD), Near West Chapin Street (8,111 VPD)
  • More Than 140,188 Residents and 153,816 Employees Within a Five-Mile Radius
  • Attractive Corner-Entry Store on Oversized 1.61-Acre Parcel (70,280 SF)
  • Near the University of Texas Rio Grande Valley - 9th Largest University by Population in Texas (34,343 Enrolled in Fall 2024)

Exclusively Listed By

Discount

Dollar General (Seller Financing)

Listing Price: $1,320,000

Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
8.6
Gross SF
7,545
Guarantor
Corporate Guarantee
Rentable SF
7,545
Price/Gross SF
$174.95
Lease Type
Absolute Net
Rent Per Square Feet
$11.81

Investment Highlights

  • Absolute Net Lease with 8.7 Years Remaining
  • Excellent Access and Visibility on North McColl Road (18,184 VPD), Near West Chapin Street (8,111 VPD)
  • More Than 140,188 Residents and 153,816 Employees Within a Five-Mile Radius
  • Attractive Corner-Entry Store on Oversized 1.61-Acre Parcel (70,280 SF)
  • Near the University of Texas Rio Grande Valley - 9th Largest University by Population in Texas (34,343 Enrolled in Fall 2024)

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Dollar General in Edinburg, TX. The property consists of a 7,545-square-foot, freestanding building that sits on approximately 1.61 acres of land. There are 8.7 years remaining on the lease with 10% rental increases in each option.

Exclusively Listed By

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