Overview

Description

TREK Investment Group is pleased to offer for sale Dollar General in Llano, Texas. Nestled in the the beautiful hill country of Texas, just 75 miles to northwest of Austin, the subject property is strategically located along Highway 16, 1 mile from the city’s downtown and along the main North-South thoroughfare connecting Llano to Fredericksburg, TX. Dollar General features a NNN lease with 12 years remaining on the original 15-year lease. Additionally, there are three, 5-year options, each of which include 10% rent increases. This presents an investor with a highly desirable opportunity to acquire an investment opportunity with the largest dollar store tenant in the country. Dollar General has proved itself to be a recession proof giant with 2023 revenue exceeding $39.036 billion, a 7.56% increase year-over-year, which Dollar General has succeeded in doing for decades.

Founded in 1855 along the banks of the scenic Llano River and in the heart of the Texas Hill Country, Llano is a picturesque city known for its small-town charm, rich history, and stunning natural landscapes. Situated just 75 miles northwest of Austin, this vibrant community boasts a population of approximately 3,600 residents and its economy is predominantly fueled by tourism, with visitors drawn to its natural beauty, historic sites, and outdoor recreational opportunities.

The city's charming downtown has been designated a National Historic District, seeing a steady flow of tourists exploring its shops, restaurants, and art galleries. A comprehensive walking tour is a must for any visitor which features sites such as the Red Top Jail, the LanTex Theater, the Llano County Historical Museum, the Railyard District, the recently restored Llano County Courthouse, the Roy Inks Bridge, and the beautiful city parks that wind along the banks of the pristine Llano River.

Whether admiring its scenic vistas or immersing oneself in its vibrant community life, Llano offers visitors an unforgettable Texan experience.

Highlights

• NNN Lease | Corporate Guarantee
• 12 Years Remaining on Original 15 Year Lease | Three, 5-Year Options | 10% Rent Increases
• Located just 75 miles northwest of Austin

Documents

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