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Dollar General | Double Net (NN)

$1,193,753

8090 Doniphan Drive, El Paso (Vinton), TX 79821

Pending
Last Updated: 03/02/2021

7

Cap Rate

83,563

NOI

Details:
Cap Rate:    7%
NOI:    $83,563
Building Size:    9,100 sqft
Lot Area:    1.3 acres
Lease Type:    Double Net
Year Built:    2010
Price Per Sqft:    $131.18
Roof & Structure:    Landlord’s Responsibility
HVAC:    Tenant’s Responsibility
Repairs & Maintenance:    Landlord’s Responsibility
Highlights:
  • Corporate Guarantee From Investment Grade Tenant Dollar General Corporation (NYSE: DG); Dollar General Has Been Deemed an Essential Business
  • Dollar General Exercised the First Option in March 2020 and Took the 10% Rental Increase; Showing Commitment to the Site
  • Dollar General Has Hired Over 50,000 New Employees to Support Operations Across Its Organization Amid Heightened Demand to Meet Customers Essential Needs
  • Dollar General Makes a Compelling Investment Opportunity in Light of the Country’s Current Economic Challenges, Read More Here
  • Wells Fargo Believes Dollar General is Best-Positioned For COVID-19 Economic Fallout; Read More Here
  • Demographics Include a Population of 151,738 Residents Making an Average Household Income of $83,093 Within a 10-Mile Radius
  • Vinton is Located Between the Two Major Cities of El Paso, TX and Las Cruces, NM Along Interstate 10; a Major Thoroughfare Between the 2 Cities Which Sees Traffic Counts Exceeding 116,563 VPD
  • Vinton is a Northern Suburb of El Paso Which is the 6th Largest in the City in the State of Texas and Has a Population Estimate Over 800,000 Residents
  • The Franklin Mountains State Park is Less Than 10-Miles Away and Offers Visitors Hiking, Biking, Rock Climbing, Camping, Geocachings and Bird Watching
  • The Sunland Park Racetrack & Casino is a Short 20 Minute Drive Across the Texas New Mexico Border; In Addition They Offer Live Music on the Weekends, Luxury Accommodations, Event Spaces and Several Restaurants
  • Nearby Tenants Include: Old Navy, Family Dollar, AutoZone, Starbucks, Nike, IHOP, Whataburger, Subway, H&M, O’Reilly Auto Parts, McDonald’s and More
Description:

Sands Investment Group is Pleased to Exclusively Offer For Sale a 9,100 SF Dollar General in El Paso (Vinton), TX. This Opportunity Includes a Corporate Guarantee From a High Quality Tenant That Has Been Deemed an Essential Business, Providing For a Secure Investment.




In Cooperation With Sands Investment Group Austin, LLC Lic. #9004706

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