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Brand New Construction Dollar General | Texas | 15Yr Absolute Net Lease | Amazon Resistant Concept

18950 US-183, May (West-Central Texas), TX 76857

Listing Price: $1,744,476

Cap Rate
5.25%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$191.70
Lease Type
Absolute Net
Rent Per Square Feet
$10.06

Investment Overview

May is an unincorporated community in Brown County, Texas, situated at the intersection of U.S. Highway 183 and FM 1689 in northeastern Brown County, about 20 miles north of Brownwood and 36 miles south of Eastland. Brown County is a county in west-central Texas. As of the 2010 census, the population was 38,106. The Brownwood, TX Micropolitan Statistical Area includes all of Brown County.

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2021 Construction.
  • 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.
  • Features Easy Access and Excellent Visibility near an Intersection. Positioned Along one of the City's Main Roads. Walking Distance from May High School.
  • Next nearest Dollar General is located over 21 Miles away.

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 | Texas | 15Yr Absolute Net Lease | Amazon Resistant Concept

Listing Price: $1,744,476

Cap Rate
5.25%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$191.70
Lease Type
Absolute Net
Rent Per Square Feet
$10.06

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2021 Construction.
  • 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.
  • Features Easy Access and Excellent Visibility near an Intersection. Positioned Along one of the City's Main Roads. Walking Distance from May High School.
  • Next nearest Dollar General is located over 21 Miles away.

Investment Overview

May is an unincorporated community in Brown County, Texas, situated at the intersection of U.S. Highway 183 and FM 1689 in northeastern Brown County, about 20 miles north of Brownwood and 36 miles south of Eastland. Brown County is a county in west-central Texas. As of the 2010 census, the population was 38,106. The Brownwood, TX Micropolitan Statistical Area includes all of Brown County.

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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