Santa Rosa, TX - Dollar General

Description:

• Dollar General has operated at this location for 20 years and has 5+ years remaining on their current lease with 3 (5-year) options to extend
• The lease features 10% rental increases at the beginning of each option, growing NOI and hedging against inflation
• 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 location as of May 2025

• Dollar General is strategically along FM 506, which averages 7,100 VPD
• The site is in close proximity to Jo Nelson Middle School (223 students), further increasing consumer traffic to the immediate trade area
• The asset has excellent visibility via street frontage providing ease and convenience for customers

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Listing ID: a28TP000001htjpYAA