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Dollar General

1301 TX-230 Loop, Smithville, TX 78957

Listing Price: $795,000

Cap Rate
6.50%
Tenant Name
Dollar General
Years Remaining On Lease
3.9
Guarantor
Corporate Guarantee
Rentable SF
8,890
Lease Type
Double Net
Rent Per Square Feet
$5.87

Investment Overview

The subject property affords both an incoming and experienced investor the opportunity to acquire a corporately guaranteed, Double Net Lease Dollar General (NYSE: DG) located in Smithville, Texas (Austin MSA). The tenant has shown commitment to the site and has exercised all options, instilling confidence that the incoming investor will have the opportunity to negotiate a completely new lease at the end of this term. Dollar General has performed extremely well throughout the COVID-19 Pandemic, and this impressive performance is poised for continued growth on account of their recession-proof business model. With a price point of $795,000, this offering provides the opportunity to purchase an asset boasting a strong return and in the path of progress.

Investment Highlights

  • Double Net Lease
  • Corporate Guarantee
  • Austin MSA
  • Lease Term: 3+ years
  • NOI: $52,200

Exclusively Listed By

Financing By

Listing Price: $795,000

Cap Rate
6.50%
Tenant Name
Dollar General
Years Remaining On Lease
3.9
Guarantor
Corporate Guarantee
Rentable SF
8,890
Lease Type
Double Net
Rent Per Square Feet
$5.87

Investment Highlights

  • Double Net Lease
  • Corporate Guarantee
  • Austin MSA
  • Lease Term: 3+ years
  • NOI: $52,200

Investment Overview

The subject property affords both an incoming and experienced investor the opportunity to acquire a corporately guaranteed, Double Net Lease Dollar General (NYSE: DG) located in Smithville, Texas (Austin MSA). The tenant has shown commitment to the site and has exercised all options, instilling confidence that the incoming investor will have the opportunity to negotiate a completely new lease at the end of this term. Dollar General has performed extremely well throughout the COVID-19 Pandemic, and this impressive performance is poised for continued growth on account of their recession-proof business model. With a price point of $795,000, this offering provides the opportunity to purchase an asset boasting a strong return and in the path of progress.

Exclusively Listed By

Financing By

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