Dollar General - New TX Development - 5.2% Cap

7730 Texas 71 Garwood, TX 77442

7730 Texas 71, Garwood, TX, 77442
7730 Texas 71, Garwood, TX, 77442
FOR SALE
Property Type:
Street Retail
Amount:
$1,830,074
Last Verified:
Apr 21, 2021

Highlights

  • Brand New Dollar General Development, Rent Commenced February of 2021
  • Absolute NNN Lease Requiring Zero Landlord Responsibilities
  • Corporately Guaranteed by Dollar General, an Investment Grade Tenant With an S&P Credit Rating of BBB
  • Great Visibility Along Highway 71 (3,144+ VPD)
  • Large Concrete Parking Lot
  • Dollar General Manages 17,266+ Stores in 46 States, Awarded the Mass Market Retailer's 2020 "Retailer of the Year" Award

Description

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a new development Dollar General in Garwood, TX. Rent commenced in February of 2021, leaving nearly 15 years remaining.

tbd


Year Built: 2021
Building Size: 9026sq ft
Lot Size: 1.76 acres

Map of 7730 Texas 71, Garwood, TX, 77442

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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"Incentives" are vital today and in the future because:

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