Discount
Dollar General
13776 US-69, Village Mills, TX 77663
Listing Price: $1,130,137
Cap Rate
7.30%
Tenant Name
Dollar General
Years Remaining On Lease
6.2
Guarantor
Corporate Guarantee
Rentable SF
9,026
Lease Type
Absolute Net
Rent Per Square Feet
$9.14
Investment Overview
This investment is being offered at $1,137,130 which represents a 7.30% cap rate
Dollar General
Investment Highlights
- Absolute NNN Lease with 6+ years remaining
- 9,026 square foot built to suit prototype store
- #1 ranked store in a 15 mile radius and top 30% nationwide (Placer.ai)
- Property is less than two hours from Houston
- Highway directly in front of the store was recently expanded from two to four lanes (TxDot Project: Gateway to the Big Thicket)
- Located directly adjacent to the Big Thicket National Preserve, a 113,000+ Acre National Park that attracts over 300,000 visitors annually
- Full concrete parking lot providing longer term durability to the site
- Property located in an income tax free state
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Listing Price: $1,130,137
Cap Rate
7.30%
Tenant Name
Dollar General
Years Remaining On Lease
6.2
Guarantor
Corporate Guarantee
Rentable SF
9,026
Lease Type
Absolute Net
Rent Per Square Feet
$9.14
Investment Highlights
- Absolute NNN Lease with 6+ years remaining
- 9,026 square foot built to suit prototype store
- #1 ranked store in a 15 mile radius and top 30% nationwide (Placer.ai)
- Property is less than two hours from Houston
- Highway directly in front of the store was recently expanded from two to four lanes (TxDot Project: Gateway to the Big Thicket)
- Located directly adjacent to the Big Thicket National Preserve, a 113,000+ Acre National Park that attracts over 300,000 visitors annually
- Full concrete parking lot providing longer term durability to the site
- Property located in an income tax free state
Investment Overview
This investment is being offered at $1,137,130 which represents a 7.30% cap rate
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
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