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Dollar General - 5.5 Yrs - Recent Extension 501 S Dalton St

9,100 SF Retail Building Bartlett, TX 76511 $780,000 ($86/SF) 7% Cap Rate

Investment Highlights

  • 5.4 Years Remaining in Existing Term (Lease Exp: 03/31/2030)
  • Long Term Operating History | Dollar General Has Been Operating at this Location 20+ Years Since 2005
  • Landlord Responsibilities Limited to Roof, Parking Lot, HVAC & Structure | Tenant Contributes $488 Per Month for Parking Lot Maintenance Expenses 
  • 2005 Build to Suit Construction – 9,100 SF | Two (2) - Five (5) Year Options
  • Recent Lease Extension | Tenant Just Extended the Lease for an Additional 5 Years through March 31, 2030
  • Bartlett is Located Approximately: 23 Miles from Georgetown, TX; 51 Miles from Austin, TX; 58 Miles from Waco, TX; 129 Miles from San Antonio, TX

Executive Summary

Schuchert Retail Group and Brian Brockman (Bang Realty-Texas Inc.) are pleased to exclusively present for sale the 9,100 SF Dollar General located at 501 Dalton St., Bartlett, TX 76511.
In Conjunction With: Brian Brockman (Bang Realty-Texas Inc) - License #701472
TX License #701472

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2005
Price
$780,000
Price Per SF
$86
Cap Rate
7%
NOI
$54,600
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Land Acres
2.06 AC
Opportunity Zone
Yes
Parking
46 Spaces (5.05 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • Double Net
  • Mar 2030

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 - - Double Net Mar 2030

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R007849
Land Assessment
$131,393
Improvements Assessment
$965,907
Total Assessment
$1,097,300
  • Listing ID: 33933164

  • Date on Market: 11/20/2024

  • Last Updated:

  • Address: 501 S Dalton St, Bartlett, TX 76511

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