Available For Sale - Retail

9,230 SF | Show Pricing $

LISTED BY

Jared Ennis
Central CA Commercial, 559-705-1000

AVAILABILITY DETAILS

Size
9,230 SF
Price/SF
Show Pricing $
Listing ID
SA563778
Notes
100% Leased Investment Opportunity: Prime Highway 124 location in Hamshire, Texas offering ±9,230 SF of retail space on ±1.28 acres. This outstanding opportunity offers investors a long term (15 years) lease with over 8 years left on lease through September 2033 with four (4), five (5) year options to renew & fixed ten percent (10%) rent increases every five years during the primary lease term & options. The lease is absolute NNN with no landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.



Tenant Information: Dollar General is a leading discount retailer that provides customers with a wide variety of everyday essentials, including food, cleaning supplies, home products, and health items, all at unbeatable prices. With over 18,000 locations across the U.S., Dollar General is committed to offering high-quality products at affordable prices, making it a popular choice for budget-conscious shoppers in both urban and rural areas. Known for its convenient store formats and reliable service, Dollar General continues to experience strong growth, making it an attractive tenant for any retail property.



Approximately 80% of Dollar General stores are located in communities of 20,000 or fewer people, many of which other retailers either cannot, or have chosen not to serve. Dollar General is opening stores at the rate of three a day across the US. It moves into places not even Walmart will go, targeting rural towns and damaged inner-city neighborhoods with basic goods at basic prices – a strategy described by a former chief executive of the chain as “we went where they ain’t”.
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
Jared Ennis, Central CA Commercial
BRE# 01945284