Jasper, TX - Dollar General

Description:

• Dollar General has over 10 years remaining on their current lease with 3 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% increases every 5 years and at the beginning of each option period, growing NOI and hedging against inflation
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,000 locations in 47 states as of February 2024
• This is the only DG within 10 miles of the subject property

• Dollar General is strategically located along State Hwy 63 averaging 3,200 VPD
• With extremely limited nearby competition, the subject property offers an immediate discount store option for highway travelers and locals alike
• The subject property is located near Sam Rayburn Lake and many other parks within 3 miles from the site
• The site is also a mile from the US Army Corp Dam
• The asset has excellent visibility via street frontage and a large pylon sign