1100 S McCoy Blvd - Freestanding FOR SALE


New Boston, TX 75570
$1,933,300 USD
972-375-3437
1100 S McCoy Blvd, New Boston, TX for Sale
$1,933,300 USD
Freestanding - FOR SALE
1/6
null | 6.85% Cap Rate

1100 S McCoy Blvd
New Boston, TX 75570


HIGHLIGHTS

  • Brand New Dollar General Store, 15 year absolute NNN Lease, 5% rent increases every 5 years, Planned store opening in February of 2025
  • Excellent demographics: 1,800 people in 1 mile radius with average income of $99,700, Bowie County, with county seat New Boston -99,000 people
  • Larger format Dollar General “Plus” store: Combines Includes additional fresh produce, dairy products, fresh meat, and bakery items
  • Dollar General: S&P BBB+ Rated, publicly trades on New York Stock Exchange as symbol DG | Market capitalization exceeds $17 Billion

OVERVIEW

Brand New Dollar General Store, 15 year absolute NNN Lease, 5% rent increases every 5 years, Planned store opening in February of 2025. Excellent demographics: 1,800 people in 1 mile radius with average income of $99,700. Bowie County, with county seat and courthouse in New Boston, has population of 92,800 people. The county is part of the Texarkana metropolitan statistical area. The county is named for James Bowie, the legendary knife fighter who died at the Battle of the Alamo. New Boston (population: 4,400 people) is known for its Pioneer Days Festival and Rodeo. Residents and tourists gather annually at the T&P Trailhead Park for entertainment such as carnival rides, street dances, and live musical and comedy presentations Larger format Dollar General “Plus” store: Combines Includes additional fresh produce, dairy products, fresh meat, and bakery items. Dollar General: S&P BBB+ Rated, publicly trades on New York Stock Exchange as symbol DG | Market capitalization exceeds $17 Billion

FOR SALE DETAILS

PRICE

$1,933,300 USD

PRICE/SF

$182 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General - Brand New 2025 Absolute NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

3.07 AC

LAND SF

133,729 SF

ZONING

Commercial

APN/PARCEL ID

05320000200

ASK ABOUT THIS PROPERTY

Gavin KamNNN Retail AdvisorsMore Info
972-375-3437

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Gavin KamNNN Retail AdvisorsMore Info
972-375-3437

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.