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Dollar General 3416 West Loop

10,857 SF Retail Building El Campo, TX 77437 $2,335,000 ($215/SF) 5.85% Cap Rate

Investment Highlights

  • New Dollar General Development
  • New 15-Year Lease (August 2022)
  • 10% Increases at Option Periods
  • Dollar General Corporate Guaranty
  • Absolute NNN Lease
  • 11,000+ VPD Traffic Counts | Houston ~70 Miles Northwest

Executive Summary

Embree Capital Markets Group is pleased to offer for sale to qualified investors a unique Dollar General retail store. This is an opportunity for an investor to acquire a build-to-suit, well-located, asset in a desirable Texas geography. The property features a 15-year Absolute NNN Lease that features four, 5-Year options with rental increases of 10% at each option period.

Property Facts

Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,857 SF
Building Class
B
Year Built
2022
Price
$2,335,000
Price Per SF
$215
Cap Rate
5.85%
NOI
$136,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.25 AC

Amenities

  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Dollar General
  • -
  • 10,640 SF
  • -
  • Triple Net
  • Aug 2037
  • Popshelf
  • Retailer
  • 10,640 SF
  • -
  • Triple Net
  • Aug 2037
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Dollar General - 10,640 SF - Triple Net Aug 2037
Popshelf Retailer 10,640 SF - Triple Net Aug 2037

Nearby Major Retailers

Rent-A-Center
Snap Fitness 24/7
Country Pride Restaurant
Prosperity Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R061427
Land Assessment
$521,960
Improvements Assessment
$1,896,381
Total Assessment
$2,418,341
  • Listing ID: 26215042

  • Date on Market: 7/20/2022

  • Last Updated:

  • Address: 3416 West Loop, El Campo, TX 77437

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