1405 Main St - Freestanding FOR SALE


Jewett, TX 75846
$2,390,000 USD
858-373-3184
1405 Main St, Jewett, TX for Sale
$2,390,000 USD
Freestanding - FOR SALE
1/1

1405 Main St
Jewett, TX 75846


HIGHLIGHTS

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years Throughout the Initial Term and Options.
  • Dollar General Market is a Larger Format Store with Expanded Grocery Offerings - This new Concept Offers Fresh Food Options.
  • Ranked #108 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating “BBB” by S&P’s.
  • Features Easy Access & Excellent Visibility - Located Along U.S. Hwy-79 (8k+ VPD) and near TX Hwy-39, which are Traveled by Commuters, Truckers, etc.
  • The Nearby Presence of Nucor Steel, Texas Westmoreland Coal, Jewett Mine and Industries including Energy Production, and Manufacturing.
  • Directly Across from Baymont by Wyndham Hotels. In Close Proximity to Lake Limestone - a Popular Recreational Spot that Attracts Tourists.

OVERVIEW

Dollar General Market | 15 Year Absolute Net Lease w/ Rent Increases | Brand New 2025 Construction | Larger Format Store Concept | Directly Across from Baymont by Wyndham | Strategic Highway Location | Tourism & Industry-Driven Market | Amazon Resistant Investment Grade Retail Concept

FOR SALE DETAILS

PRICE

$2,390,000 USD

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DOLLAR GENERAL MARKET | 15YR NNN W/ INCREASES

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

-

APN/PARCEL ID

00591-06600-00800-000011

ASK ABOUT THIS PROPERTY

Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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