| Price $2,642,000 | Built/Renov 2024 | Tenant Dollar General Market |
| Cap Rate 6.35% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
12,768
| Lease Start
04-15-2024
| #Units
19,986
|
| Price/SF $206.92 | Expiration
04-15-2039
| Tenant Type Dollar/Discount |
| NOI $167,717 | R. Term 14.11 | Ownership Fee Simple |
| Rent/SF
$13.14
| Increases 5.0%/5/yrs | Pop 5Mi 5,543 |
| Lot/AC 1.84 | Options 5/5yrs/5% | AHHI 5Mi $82,116 |
| | |
Dollar General Market is strategically located on Interstate 45, with access to a high daily traffic count of 52,800 vehicles. The property is conveniently located approximately 2 miles from Rice ISD, serving Pre-K through 12th-grade students and classified as a Class 3A school district. The surrounding area boasts well-known national tenants, including Sonic, Family Dollar, Subway, CVS...
...New construction
Build to suit
High traffic 50M+ VPD
Dense retail corridor
Highway location
Income tax free state
Brand new lease
Long 15+ yr lease
Traded and rated company
Investment grade tenant
Dollar General Corporation (NYSE: DG) is an American chain of variety stores. The stores deliver everyday low prices on items including food, snacks, health, and beauty aids, cleaning supplies,...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 1,647 | 4,929 | 6,492 |
| 2023 Total Population : | 1,434 | 4,403 | 5,977 |
| 2023 Employed Civilian Pop : | 602 | 1,920 | 2,666 |
| 2023 Total Businesses : | 20 | 39 | 63 |
| 2023 Average Household Income : | $ 70,052 | $ 72,693 | $ 76,423 |
| 2023 Total Consumer Spending : | $ 26 M | $ 83 M | $ 124 M |
| 2023 Median Age : | 34 | 35 | 37 |
| 2023 Total Households : | 437 | 1,305 | 1,855 |
| 2023 Pop Age 25+: Bachelor's Degree : | 66 | 293 | 467 |
| 2023 Average Home Value : | $ 169,194 | $ 182,107 | $ 195,319 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Calhoun St | N McKinney St | 2004 | 890 | 0.22 mi |
| Rusk St | NW 0140 Rd | 2004 | 200 | 0.23 mi |
| Calhoun St | NW 0140 Rd | 2004 | 1,260 | 0.24 mi |
| Jefferson St | Co Rd 0180 | 2004 | 190 | 0.30 mi |
| NW Co Rd 0140 | Rusk St | 2004 | 130 | 0.35 mi |
| NE 1050 Rd | Calhoun St | 2004 | 10 | 0.61 mi |
| W Fannin Rd | Fulton St | 2004 | 550 | 0.78 mi |
| NE 1050 Rd | NE Co Rd 1055 | 2004 | 10 | 1.08 mi |
| FM 1126 | 2022 | 56,583 | 1.45 mi | |
| Frontage Rd | 2021 | 385 | 1.47 mi |
Chicago, IL
Cap Rate 6.70%
Lease Double NN
R. Term 9.50 yrs
Size/SF 15,717
Springfield, OR
Cap Rate 6.00%
Lease Abs NNN
R. Term 13.50 yrs
Size/SF 10,640
Vernon, FL
Cap Rate 6.00%
Lease Abs NNN
R. Term 13.40 yrs
Size/SF 12,687
Henderson, NY
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 12,663
Higganum, CT
Cap Rate 5.61%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 10,640
Indiana, PA
Cap Rate 6.85%
Lease NN+
R. Term 8.50 yrs
Size/SF 14,285
Naugatuck, CT
Cap Rate 5.60%
Lease Abs NNN
R. Term 13.60 yrs
Size/SF 10,640
Taft, CA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 10,640
Orlando, FL
Cap Rate 5.75%
Lease Double NN
R. Term 6.30 yrs
Size/SF 14,511
Lancaster, CA
Cap Rate 6.25%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 10,640
West Seneca, NY
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 10,542
Smartsville, CA
Cap Rate 6.00%
Lease Abs NNN
R. Term 12.10 yrs
Size/SF 10,640
Norwood, NC
Cap Rate 6.40%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 12,480
Hamden, CT
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 10,640
Canton, NC
Cap Rate 6.60%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 12,687
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
