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DOLLAR GENERAL MARKET | 15 YEAR ABSOLUTE NNN 500 McKinley Ave

10,640 SF Retail Building Rotan, TX 79546 $2,280,279 ($214/SF) 7% Cap Rate

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years Throughout the Initial Term and Options.
  • Dollar General Market is a Larger Format Store with Expanded Grocery Offerings - This new Concept Offers Fresh Food Options.
  • Features Easy Access and Excellent Visibility Along one of the City’s Main Roads. Hard Corner Location. Limited Competition.
  • Brand New 2025 High Quality Construction.
  • Ranked #108 on the Fortune 500 List. Dollar General (NYSE: DG) Investment Grade Credit Rating “BBB” by S&P’s and Annual Revenue Exceeding $3B.
  • In Close Proximity to Fisher County Hospital - provides General Medical and Surgical Care for Inpatient, Outpatient, and ER Patients, and more.

Executive Summary

Dollar General Market | 15 Year Absolute Net Lease w/ Rent Increases | Brand New 2025 Construction | Larger Format Store Concept | Hard Corner | Walking Distance from High School | Near Hospital | Limited Competition | Amazon Resistant Investment Grade Retail Concept

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
Price
$2,280,279
Price Per SF
$214
Cap Rate
7%
NOI
$159,620
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Land Acres
1.33 AC
Opportunity Zone
Yes

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Dollar General
  • Retailer
  • 10,640 SF
  • -
  • Triple Net
  • Mar 2040
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Dollar General Retailer 10,640 SF - Triple Net Mar 2040

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5806
Land Assessment
$7,980
Improvements Assessment
$70,010
Total Assessment
$77,990
  • Listing ID: 33536257

  • Date on Market: 10/16/2024

  • Last Updated:

  • Address: 500 McKinley Ave, Rotan, TX 79546

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