Dollar General Vanderbilt TX // High-Growth Region
$1,250,621
5860 Farm to Market Road 616, Vanderbilt, TX 77991
7.1
Cap Rate
88,794
NOI
Details:
Highlights:
- LOW PRICE POINT ABSOLUTE NNN - 9+ Years Remaining. 25 Years Renewal Options. Rent Increases Throughout
- CLOSE ECONOMIC TIES TO VICTORIA AND PORT LAVACA - Regional Cener For Energy Infrastructure, Petrochemicals, Commercial Fishing, Healthcare, Tourism
- ZERO LANDLORD RESPONSIBILITY. GUARANTEED CORPORATE LEASE - No Management Required. Passive Rental Income
- NATIONAL INVESTMENT-GRADE TENANT [NYSE:DG] - #108 Fortune 500 Companies. $37B Revenue. S&P Investment Grade BBB
Description:
TOUCHSTONE COMMERCIAL PARTNERS is pleased to present a premier investment opportunity with the offering of a Dollar General Store in Vanderbilt, Texas. Constructed in 2019, this property features a lease guaranteed by Dollar General Corporation, running through November 2034, with five 5-year renewal options and 10% rent increases at each option. The lease is guaranteed by Dollar General Corporation which operates over 20,000 stores and has an impressive S&P investment-grade rating of BBB.
Vanderbilt enjoys strong economic ties to the nearby hubs of Victoria and Port Lavaca. Victoria is a regional center for healthcare, education, manufacturing, and retail, driving a GDP exceeding $3 billion. Port Lavaca, with its significant deep-water ports, thrives on a diverse economy that includes shipping, energy infrastructure, petrochemicals, commercial fishing, and tourism.
Broker of Record Bang Realty-Texas Inc., Lic #9007017
Documents:
| Title | ||
|---|---|---|
| DG_Vanderbilt_TX_-_Touchstone_Commercial_Partners.pdf |
Location
Gallery
