This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Dollar General | Kingsland, TX 14350 FM 1431

10,566 SF Retail Building Kingsland, TX 78639 $2,250,258 ($213/SF) 6.60% Cap Rate

Investment Highlights

  • NNN Single Tenant Investment Opportunity
  • 15-Year Lease with Five (5), Five (5) Year Options
  • Corporate Guarantee by Dollar General Corporation
  • Located just northwest of Austin, TX
  • 10% Increases Per Option

Executive Summary

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing Dollar General store located in Kingsland, TX. The Subject property has a 15-year NNN lease with a commencement date of August 3, 2023. The property is located at 14350 FM 1431, Kingsland, TX in Burnet County, just northwest of Austin, TX. The property is ideally located on FM 1431 next to the Colorado River and approximately seven miles north of Lake Lyndon B. Jonson, a popular tourism site with lake homes, RV parks, and the Horseshoe Bay Resort & Yacht Club. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,566 SF
Year Built
2023
Price
$2,250,258
Price Per SF
$213
Cap Rate
6.60%
NOI
$148,517
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Land Acres
1.50 AC

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • 10,566 SF
  • $14.05
  • Triple Net
  • Aug 2038

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 10,566 SF $14.05 Triple Net Aug 2038
  • Listing ID: 28523204

  • Date on Market: 5/18/2023

  • Last Updated:

  • Address: 14350 FM 1431, Kingsland, TX 78639

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}