100% Fully Leased: Corporate Backed Single Tenant Net Leased Asset

Highlights

• Fully Leased Investment w/ Long Term Tenant
• Absolute-Net Lease w/ Zero Landlord Responsibility
• Brand New 2018 Construction | 15-Year NNN Lease
• Strong Tenant Guaranty | 10% Bumps Every 5 Yrs
• Leased Thru 9/30/2033 + Four 5-Year Options
• $38.7B Average Annual Net Sales for 18K+ Locations
• 20 Mi Southwest Of Beaumont & 50 Mi East of Houston
• Dollar General is Ranked #111 on the Fortune 500 List
• Double-Digit Year-Over-Year Sales Growth
• 30 Private Parking Stalls on ±1.28 Acres
• Superior Location w/ Limited Competition | Strategic Trade Area
• Excellent Location, Great Tenant Mix, High Traffic Flows

Description

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”.

Located at the intersection of Highway 124 and Alamo Street, this property is situated in a prime area offering excellent visibility and accessibility. The property benefits from high traffic flow along Highway 124, a major route that connects key areas in the region, ensuring substantial exposure for businesses or residential developments. Alamo Street provides additional access, making the location convenient for both local and passing traffic. The surrounding area is known for its community-oriented atmosphere, and the property is within close reach of essential services, schools, and recreational spaces.

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