Available For Sale - Retail

9,026 SF | Show Pricing $

LISTED BY

Parker Carroll CCIM
TREK Investment Group, 512-433-6999

AVAILABILITY DETAILS

Size
9,026 SF
Price/SF
Show Pricing $
Listing ID
SA532923
Notes
TREK Investment Group is pleased to offer for sale Dollar General in Cleveland, Texas. Located within the Greater Houston MSA with a population totaling more than 7.3 million residents, the subject property is strategically located along Highway 105, less than 5 minutes from the city’s downtown and along the main thoroughfare connecting Cleveland to Conroe, TX. Dollar General features a NNN lease with 10 years remaining on the original 15-year lease. Additionally, there are three, 5-year options, each of which include 10% rent increases. This presents an investor with a highly desirable opportunity to acquire an investment opportunity with the largest dollar store tenant in the country. Dollar General has proved itself to be a recession proof giant with 2023 revenue exceeding $39.036 billion, which was a 7.56% increase year-over-year, which Dollar General has succeeded in doing for decades.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Parker Carroll CCIM, TREK Investment Group
BRE# 574702