DOLLAR GENERAL | EAGLE PASS, TEXAS

Purchase Price
$1,196,569
Location
3245 Del Rio Blvd
Cap Rate
6.50%
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
Three (3) - Five (5) Year
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
  • 18,818 Stores in 47 States as of October 28, 2022
  • Ranked #106 on the Fortune 500 List

contact us

  • Hidden