Laredo, TX - Dollar General
$1,235,000
3353 Clark Blvd, Rio Bravo, TX 78043
6.65
Cap Rate
82,139
NOI
Details:
Description:
• Dollar General has operated at this location for 20 years and has 3 (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 94th percentile nationally and the 91st percentile within Texas among comparable Dollar General stores, according to Placer.ai
The in-place rent of $10 PSF is significantly below the estimated market rent of$23 PSF
• Dollar General is strategically positioned at the hard-corner intersection of Clark Blvd (21,400 VPD) and Townsend Ave
• Located just off State Highway 20 (56,000 VPD), providing direct on/off ramp access for travelers
• The immediate trade area is supported by surrounding retailers such as Target, Walmart Supercenter, H-E-B, Chick-Fil-A, Dollar Tree and more
• The asset has excellent visibility via street frontage providing ease and convenience for customers
Location
Gallery