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Harlingen, TX - Dollar General

$987,000

2321 Stuart Pl Rd, Palm Valley, TX 78552

Active
Last Updated: 03/06/2026

7

Cap Rate

69,114

NOI

Details:
Cap Rate:    7%
NOI:    $69,114
Building Size:    9,014 sqft
Lot Area:    0.78 acres
Year Built:    2005
Zoning:    General Retail
Description:

• Dollar General has operated at this location for 20 years and has 2 (5-Year) options to extend
• 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 20,580 locations as of May 2025
• This location ranks in the top 93rd percentile nationally and the 89th percentile within Texas among comparable Dollar General stores, according to Placer.ai
• The in-place rent of $8 PSF is significantly below the estimated market rent of$16 PSF

• Dollar General is strategically fronting Stuart Place Rd averaging 7,800 VPD
• Located off Interstate 2 (73,000 VPD), providing direct on/off ramp access for travelers
• The immediate trade area is supported by surrounding retailers such as Target, Whataburger, dd’s Dicount, Marshalls, and more
• The asset has excellent visibility via street frontage providing ease and convenience for customers

Map:
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