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Brand New Construction Dollar General | Western Texas | 15 Year Absolute Net Lease

Plains Hwy and E 8th, Denver City (Western Texas), TX 79323

Listing Price: $1,854,196

Cap Rate
5.25%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Gross SF
9,026
Guarantor
Corporate Guarantee
Rentable SF
9,026
Price/Gross SF
$205.43
Lease Type
Absolute Net
Rent Per Square Feet
$10.78

Investment Overview

Denver City is a town located partly in Gaines County, but mostly in Yoakum County in the far western portion of the U.S. state of Texas, just a short distance from the New Mexico boundary. It is named for the petroleum company, Denver Productions. The town is located at the intersection of Texas State Highways 214 and 83.

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2021 Construction.
  • Features Easy Access and Excellent Visibility. Positioned Along one of the City's Main Roads with Daily Traffic Counts Exceeding 8k Vehicles.
  • Ranked #112 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $33.74 Billion.
  • Walking Distance from Numerous Schools including Denver City High School, William G. Gravitt Junior High School and Kelley Dodson Elementary School.
  • Near Yoakum County Hospital Auxiliary - The Hospital Offers a wide variety of services including In and Out-Patient Care, Labor and Emergency Services.
  • In Close Proximity to Denver City Airport - A Public-Use Airport that features more than 1.5k Aircraft Operations Annually.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    License(s) TX: 0606255

    Texas

Discount

Brand New Construction Dollar General | Western Texas | 15 Year Absolute Net Lease

Listing Price: $1,854,196

Cap Rate
5.25%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Gross SF
9,026
Guarantor
Corporate Guarantee
Rentable SF
9,026
Price/Gross SF
$205.43
Lease Type
Absolute Net
Rent Per Square Feet
$10.78

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2021 Construction.
  • Features Easy Access and Excellent Visibility. Positioned Along one of the City's Main Roads with Daily Traffic Counts Exceeding 8k Vehicles.
  • Ranked #112 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $33.74 Billion.
  • Walking Distance from Numerous Schools including Denver City High School, William G. Gravitt Junior High School and Kelley Dodson Elementary School.
  • Near Yoakum County Hospital Auxiliary - The Hospital Offers a wide variety of services including In and Out-Patient Care, Labor and Emergency Services.
  • In Close Proximity to Denver City Airport - A Public-Use Airport that features more than 1.5k Aircraft Operations Annually.

Investment Overview

Denver City is a town located partly in Gaines County, but mostly in Yoakum County in the far western portion of the U.S. state of Texas, just a short distance from the New Mexico boundary. It is named for the petroleum company, Denver Productions. The town is located at the intersection of Texas State Highways 214 and 83.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    License(s): TX: 0606255

    Texas

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