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Dollar General 1100 S Main St

9,002 SF Retail Building Stinnett, TX 79083 $1,358,000 ($151/SF) 7.10% Cap Rate

Investment Highlights

  • The lease has 8 years remaining.
  • Potential for a purchase or 1031 exchange.
  • Three (5) year options featuring 10% increases every 5 years.

Executive Summary

NAI is pleased to present the potential for a purchase or 1031 exchange with a Dollar General property in Stinnett, Texas. The lease is backed by Dollar General, a NYSE-listed company (NYSE: DG) with a strong Moody’s rating (Baa2), offering an absolute NNN (Triple Net) lease structure for passive income with zero landlord responsibilities.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,002 SF
Building Class
B
Year Built
2018
Price
$1,358,000
Price Per SF
$151
Cap Rate
7.10%
NOI
$96,418
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.15 AC
Zoning
C - Commercial
Parking
32 Spaces (3.55 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

At Dollar General, their actions are guided by a simple mission: Serving Others. For their customers, this means placing them at the center of all they do, working every day to deliver value and convenience through their neighborhood general stores. For their employees, this means respect and the opportunity to grow and develop their careers, and for their communities, this means helping support the communities they call home. They strive to make shopping hassle-free and affordable with easy-to-shop stores. Their stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer - - Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1598
Land Assessment
$30,010
Improvements Assessment
$383,590
Total Assessment
$413,600
  • Listing ID: 31794673

  • Date on Market: 5/14/2024

  • Last Updated:

  • Address: 1100 S Main St, Stinnett, TX 79083

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