9338 US-271 - Freestanding FOR SALE


Gladewater, TX 75647
$1,925,400 USD
972-375-3437
9338 US-271, Gladewater, TX for Sale
$1,925,400 USD
Freestanding - FOR SALE
1/5
null | 6.7% Cap Rate

9338 US-271
Gladewater, TX 75647


HIGHLIGHTS

  • Brand New Dollar General Store, 15 year absolute NNN Lease, 5% rent increases every 5 years, Planned store opening in February of 2025
  • Gladewater (population 6,300) is a growing submarket of the larger Longview, Texas MSA
  • The Longview Metropolitan service area has a population of 286,000 people
  • Longview is 125 miles east of the Dallas/Fort Worth area. Longview is home to Dollar General’s 1.2 million square foot distribution facility
  • Larger format Dollar General “Plus” store: Combines Includes additional fresh produce, dairy products, fresh meat, and bakery items

OVERVIEW

-Brand New Dollar General Store, 15 year absolute NNN Lease, 5% rent increases every 5 years, Planned store opening in February of 2025. -Gladewater (population 6,300) is a growing submarket of the larger Longview, Texas MSA. The Longview Metropolitan service area has a population of 286,000 people. Longview is 125 miles east of the Dallas/Fort Worth area. Longview is home to Dollar General’s 1.2 million square foot state-of-the-art distribution facility -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

$1,925,400 USD

PRICE/SF

$181 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General - NEW 2025 Absolute NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

2.15 AC

LAND SF

93,654 SF

ZONING

Commercial

APN/PARCEL ID

64589

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.