Harlingen, TX - Dollar General
$987,000
2321 Stuart Pl Rd, Palm Valley, TX 78552
7
Cap Rate
69,114
NOI
Details:
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
Location
Gallery