San Angelo, TX - Dollar General

Description:

• Recent 5 year extension on the lease, with 2 (3-year) renewal options, supporting long term-commitment to the site
• The lease features 10% rental increases at the beginning of each option, growing NOI and hedging against inflation
• The tenant is responsible for taxes, insurance, and all operating expenses, with the landlord only responsible for Roof, Foundation, Exterior and Load-Bearing Walls, Structural Portions, Exterior Utility Lines

• Located along N. Chadbourne St which averages 9,700 VPD
• The site benefits from nearby direct on/off ramp access to U.S. Hwy 87 which averages 26,400 vehicles passing by daily
• The subject property has excellent visibility via significant street frontage and a large pylon sign
• Multiple points of ingress/egress