140 County Rd 676 - Freestanding FOR SALE


Dayton, TX 77535
$1,419,183 USD
402-413-8527
140 County Rd 676, Dayton, TX for Sale
$1,419,183 USD
Freestanding - FOR SALE
1/1
null | 6.85% Cap Rate

140 County Rd 676
Dayton, TX 77535


HIGHLIGHTS

  • LOW PRICE POINT ABSOLUTE NNN - 9.2+ Years Remaining. 25 Years Renewal Options. Rent Increases Throughout
  • CLOSE ECONOMIC TIES TO HOUSTON - #1 Fastest-Growing Cities. #2 Top U.S. Metro Job Growth. #1 Texas Medical Center Best Hospitals USA
  • ZERO LANDLORD RESPONSIBILITY. GUARANTEED CORPORATE LEASE - No Management Required. Passive Rental Income
  • NATIONAL INVESTMENT-GRADE TENANT [NYSE:DG] - #108 Fortune 500 Companies. $37B Revenue. S&P Investment Grade BBB

OVERVIEW

TOUCHSTONE COMMERCIAL PARTNERS is pleased to present a premier investment opportunity with the offering of a Dollar General Store in Dayton, Texas. Constructed in 2019, this property features a lease guaranteed by Dollar General Corporation, running through December 2034, with five 5-year renewal options and 10% rent increases at each option. The lease is guaranteed by Dollar General Corporation which operates over 20,000 stores and has an impressive S&P investment-grade rating of BBB. Dayton is a rapidly growing city and is just 40 miles from the bustling Houston metropolitan area. Dayton is strategically positioned along key transportation corridors, including US 90, TX 146, and I-69, the city has experienced over 20% population growth in the past decade. Dayton is quickly becoming a sought-after destination for families seeking quality living. Housing costs in Dayton are approximately 20% lower than the Houston metro average, and the city has been named one of Texas’s Most Affordable Places to Live. The proximity to the Greater Houston area provides access to a wealth of cultural and recreational opportunities, including six professional major league teams, over 10,000 restaurants representing 70 countries, 150 museums and art galleries, and 795 parks to satisfy all. Broker of Record Bang Realty-Texas Inc., Lic #9007017

FOR SALE DETAILS

PRICE

$1,419,183 USD

PRICE/SF

$157 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | 40 Miles From Houston

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.36 AC

LAND SF

146,362 SF

ZONING

-

APN/PARCEL ID

000285-000009-012

ASK ABOUT THIS PROPERTY

Andrew VuTouchstone Commercial Partners, Inc.More Info
402-413-8527

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Andrew VuTouchstone Commercial Partners, Inc.More Info
402-413-8527

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