DOLLAR GENERAL | SAN SABA, TEXAS



INVESTMENT SUMMARY

Purchase Price
$743,225

Location
301 E Kelly Ln

Cap Rate
7.75%

Annual Rent
$57,600.00

Building Size
9,014 SF

Land Area
0.87 Acres

Ownership
Fee Simple

Lease Type
NN

Term Remainning
3 Years

LEASE EXPIRATION
9/30/2028

Renewal Options

RENT INCREASES
At Options

Parking
47 Spaces

Year Built
2005

APN
R31750

Traffic Counts
2,308 VPD
INVESTMENT HIGHLIGHTS
DOLLAR GENERA CORPORATE LEASE:
- 3+ Years Remaining in Existing Term (Lease Exp: 09/30/2028)
- 2005 Build-to-Suit Construction - 9,014 SF
- Two (2) - (5) Year Renewal Options
NN LEASE | MINIMAL LANDLORD RESPONSIBILITIES:
- Landlord Responsibilities Limited to Roof, Parking Lot, HVAC & Structure
LONG TERM OPERATING HISTORY - 20+ YEARS:
- Dollar General Has Been Operating at this Location 20+ Years (Since 2005)
PLACER AI DATA:
- Annual Store Visits = 136,100
- Nationwide Ranking = Top 44% (8,303 out of 19,246 Stores)
- Statewide Ranking = Top 50% (892 out of 1,818 Stores)
- Visits Up 12.4% YoY and 25.4% Yo2Y
PROXIMITY FROM SAN SABA, TEXAS:
- Killeen, TX | 65 Miles
- Austin, TX | 105 Miles
- Waco, TX | 110 Miles
- Abilene, TX | 127 Miles
- San Antonio, TX | 140 Miles
- Dallas, TX | 179 Miles
- Houston, TX | 257 Miles
TRADE AREA DEMOGRAPHICS:
- 1-Mile Population: 1,705 Residents
- 1-Mile Average Household Income: $61,058
- 3-Mile Population: 3,071 Residents
- 3-Mile Average Household Income: $65,688
- 5-Mile Population: 3,281 Residents
- 5-Mile Average Household Income: $68,880
- 7-Mile Population: 3,470 Residents
- 7-Mile Average Household Income: $71,337