410 E South 1st St - Freestanding FOR SALE


Roby, TX 79543
$2,121,125 USD
858-373-3184
410 E South 1st St, Roby, TX for Sale
$2,121,125 USD
Freestanding - FOR SALE
1/1
null | 7% Cap Rate

410 E South 1st St
Roby, TX 79543


HIGHLIGHTS

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years Throughout the Initial Term and Options.
  • Brand New 2024 High Quality Construction.
  • Ranked #108 on the Fortune 500 List. Dollar General (NYSE: DG) Investment Grade Credit Rating “BBB” by S&P’s and Annual Revenue Exceeding $3B.
  • Features Easy Access and Excellent Visibility Along one of the City’s Main Roads. Hard Corner Location.
  • Limited Competition - the next nearest Dollar General is more than 20 Miles away.
  • Walking Distance from Roby High School, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, & Teachers.

OVERVIEW

Dollar General | 15 Year Absolute Net Lease w/ Rent Increases | Brand New 2024 Construction | Limited Competition | Hard Corner Location | Walking Distance from High School | Amazon Resistant Investment Grade Retail Concept

FOR SALE DETAILS

PRICE

$2,121,125 USD

PRICE/SF

$233 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DOLLAR GENERAL w/ RENT INCREASES | 15YR 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

-

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

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.

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.