DOLLAR GENERAL | DAINGERFIELD, TEXAS
![](https://schuchert.com/wp-content/uploads/2024/02/DG-Daingerfield-TX-Tenant-Map-ReSized-980px-X-680px.jpg)
![](https://schuchert.com/wp-content/uploads/2024/02/DG-Daingerfield-TX-Building-Photo-ReSized-980px-X-680px.jpg)
![](https://schuchert.com/wp-content/uploads/2024/02/DG-Daingerfield-TX-Regional-Map-ReSized-980px-X-680px.jpg)
INVESTMENT SUMMARY
![](https://schuchert.com/wp-content/themes/bb-theme-child/listing-icons/icons/Purchase-Price.png)
Purchase Price
$785,000
![](https://schuchert.com/wp-content/themes/bb-theme-child/listing-icons/icons/Location.png)
Location
309 E W M Watson Blvd
![](https://schuchert.com/wp-content/themes/bb-theme-child/listing-icons/icons/Annual-Rent.png)
Annual Rent
$69,540.00
![](https://schuchert.com/wp-content/themes/bb-theme-child/listing-icons/icons/Building-Size.png)
Building Size
9,100 SF
![](https://schuchert.com/wp-content/themes/bb-theme-child/listing-icons/icons/Land-Area.png)
Land Area
0.90 Acres
![](https://schuchert.com/wp-content/themes/bb-theme-child/listing-icons/icons/Ownership.png)
Ownership
Fee Simple
![](https://schuchert.com/wp-content/themes/bb-theme-child/listing-icons/icons/Lease-type.png)
Lease Type
NN
![](https://schuchert.com/wp-content/themes/bb-theme-child/listing-icons/icons/Term-Remaining.png)
Term Remainning
5.25 Years
![](https://schuchert.com/wp-content/themes/bb-theme-child/listing-icons/icons/Lease-Expiration.png)
LEASE EXPIRATION
06/30/2029
![](https://schuchert.com/wp-content/themes/bb-theme-child/listing-icons/icons/Renewl-Options.png)
Renewal Options
![](https://schuchert.com/wp-content/themes/bb-theme-child/listing-icons/icons/Rent-Incerase.png)
RENT INCREASES
10% at Options 1 & 3, 17% at Option 2
![](https://schuchert.com/wp-content/themes/bb-theme-child/listing-icons/icons/Parking.png)
Parking
31 Spaces
![](https://schuchert.com/wp-content/themes/bb-theme-child/listing-icons/icons/Year-Built.png)
Year Built
2008
![](https://schuchert.com/wp-content/themes/bb-theme-child/listing-icons/icons/APN.png)
APN
8361
![](https://schuchert.com/wp-content/themes/bb-theme-child/listing-icons/icons/Traffic-Counts.png)
Traffic Counts
13,499 VPD
INVESTMENT HIGHLIGHTS
DOLLAR GENERAL CORPORATE LEASE:
- 5.25 Years of Guaranteed Lease Term
- 2008 Build-to-Suit Dollar General
- Three (3) - Five (5) Year Option Periods with Rental Increases
NN LEASE:
- Landlord Responsibilities Limited to Roof, Structure, HVAC & Parking Lot
- Tenant Pays $423.50 Per Month ($5,082.00 Per Year) for Parking Lot Maintenance Expenses
- Tenant is Responsible for Minor Repairs (Costing Less Than $1,000.00 Per Occurrence) to HVAC System
- Tenant is Required to Carry a Quarterly Maintenance Service Contract for the HVAC System
RELOCATION STORE - PROVEN MARKET:
- Dollar General Has Successfully Been Operating in Daingerfield Since 1996
- In 2008, Dollar General Relocated to Its Current Location in Daingerfield
DAINGERFIELD STAE PARK:
- Located 2.8 Miles from the Subject Property
- 507-Acre State Park Which Includes the 80-Acre Daingerfield Lake
- Established in 1938 by the Civilian Conservation Corps (CCC)
- Draws Approximately 75,000 Visitors a Year
- The Park Offers Camping; Boating; Fishing; Swimming; Hiking; Picnicking; and Nature Study
PROXIMITY FROM DAINGERFIELD, TEXAS:
- Texarkana, TX | 56 Miles
- Tyler, TX | 66 Miles
- Shreveport, LA | 85 Miles
- McKinney, TX | 119 Miles
- Dallas, TX | 135 Miles
- Waco, TX | 231 Miles
TENANT:
- Dollar General Corporation (NYSE: "DG")
- Strong Investment Grade Credit Rating of "BBB" by Standard & Poor's
- Ranked #108 on the Fortune 500 List
- 20,000+ Stores in 48 States