Austin TX - Dollar General
$1,543,000
5002 Nuckols Crossing Road, Austin, TX 78744
6.5
Cap Rate
100,320
NOI
Details:
Description:
17-Year Operating History | Austin MSA | Corporate Guarantee.
Dollar General has operated at this location for 17 years and extended the term of their Lease back in 2019.
Corporate guarantee by Dollar General Corp., an investment grade (S&P: BBB), nationally recognized discount store with more than 20,900 locations.
The property is located 8 miles south of downtown Austin and 6 miles from Austin Bergstrom International Airport.
Dense In-fill Trade Area with High Income.
14,598 population within 1 mile of the subject property, increasing to over 117,000 population within a 3-mile radius.
Average Household Income is $127,941 within a 5-mile radius.
The property is located 8 miles south of downtown Austin and 6 miles from Austin Bergstrom International Airport.
This is the only Dollar General location south of the I-35 and Hwy 71 interchange. The next closest sites to the South and East are located 8 1/2 & 10 miles away, respectively.
This Dollar General is located in Franklin Park, a neighborhood with a population of 12,698 residents that is underserved with very limited Retail options.
Strategically positioned in South Austin, just north of Stassney Lane (17,539 VPD), a major east-west thoroughfare, and 1.5 miles east of Interstate 35 (193,941 VPD).
Located within ½ mile of both Wilden Elementary and Mendez Middle School, and 1 mile from Rodriguez Elementary.
Close proximity to several industrial and distribution employers including Amazon, Omni Logistics, Lennox, HD Supply and Trane.
Location
Gallery