Bryan TX - Dollar General

Description:

• Dollar General has 9+ years remaining on their current lease with 2 (5-year) options to extend
• The lease features 10% rental increases at the beginning of each option
• 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 20,345 location as of August 2024

• The subject property is near the signalized, hard corner intersection of Boonville Rd and Briarcrest Dr which average a combined 34,600 VPD
• The asset benefits from nearby direct on/off ramp access to State Hwy 6, a major thoroughfare that averages over 64,000 vehicles passing by daily
• The site is located near Bryan Towne Center, a 353,000+ SF regional shopping center, that is anchored by Target, HibbettSports, Pet Supplies Plus and more
• Other nearby national/credit tenants include Chick-fil-A, Walmart Supercenter, Lowe’s, Kroger, Sonic, McDonald’s, and many more
• Furthermore, the asset is in close proximity to Bryan High School (2,300 students) and Allen Academy (350 students), further increasing consumer traffic to the immediate trade area
• More than 139,000 residents and 94,000 employees support the trade area
• $108,291 average household income within 1 mile radius