Dollar General | New Roof | Below Market Rent 2115 Priddy Rd

Marcus & Millichap is delighted to introduce an investment opportunity in Goldthwaite, Texas, featuring a single-tenant Modified Net-Net-Net (NNN) Dollar General property. This listing offers a blend of stability and growth potential, with over 3.5 years remaining on the lease from Dollar General, a company recognized for its operational strength and rated BBB by S&P. The tenant is paying significantly below market rent currently at $0.54 per square foot per month. The lease includes renewal options with incremental rent increases, providing a hedge against inflation. Additionally, the property has recently undergone upgrades, including a new roof with a 20-year warranty, which minimizes future maintenance expenses.
This Dollar General holds a unique market position as the sole convenience-focused store within a 20-mile radius, ensuring a consistent customer base. The presence of a DG Market in town, which focuses on different product categories, complements rather than competes with this location. Goldthwaite’s advantageous location between Austin and Waco supports a robust local economy, driven by agriculture, small businesses, and tourism, enriched by its cultural heritage.
Investing in this property means more than financial returns; it represents a stake in a community where tradition meets economic opportunity. The Modified NNN lease structure simplifies property management responsibilities, making it an attractive option for investors seeking a low-maintenance investment with a hedge against inflation.