DOLLAR GENERAL | EAGLE PASS, TEXAS
INVESTMENT SUMMARY
Purchase Price
$1,179,563
Location
3245 Del Rio Blvd
Annual Rent
$77,777.76
Building Size
9,230 SF
Land Area
1.45 Acres
Ownership
Fee Simple
Lease Type
Absolute NNN
Term Remainning
7 Years
LEASE EXPIRATION
1/31/2030
Renewal Options
RENT INCREASES
10% at Options
Parking
36 Spaces
Year Built
2015
APN
56807, 56808, 56809
Traffic Counts
16,502 VPD
INVESTMENT HIGHLIGHTS
DOLLAR GENERAL CORPORATE LEASE:
- Approximately 7 Years Remaining in the Initial 15-Year Lease Term
- 2015 Build-to-Suit Dollar General
- Three (3) - Five (5) Year Option Periods with 10% Rental Increases
A TRUE COUPON CLIPPER | ABSOLUTE NNN LEASE:
- Absolute NNN Lease with ZERO Management Responsibilities
- Tenant Pays for ALL Operating Expenses, Insurance & Property Taxes
TRADE AREA DEMOGRAPHICS:
- 1-Mile: 4,315 Residents; $48,488 Average Household Income
- 3-Mile: 21,280 Residents; $59,537 Average Household Income
- 5-Mile: 39,711 Residents; $53,237 Average Household Income
- 7-Mile: 47,935 Residents; $53,523 Average Household Income
PROXIMITY FROM EAGLE PASS, TEXAS:
- San Antonio, Texas | 143 Miles
- San Angelo, Texas | 212 Miles
- Corpus Christi, Texas | 217 Miles
- Austin, Texas | 221 Miles
- Waco, Texas | 323 Miles
- Houston, Texas | 337 Miles
TENANT:
- Strong Corporate Guaranty (NYSE: "DG") - Dollar General Corporation is Rated "BBB" by Standard & Poor's
- 19,000 Stores in 47 States as of January 28, 2023
- Ranked #106 on the Fortune 500 List