1121 S Raul Longoria - Freestanding FOR SALE


Edinburg, TX 78542
$1,119,000 USD
954-703-3602
1121 S Raul Longoria, Edinburg, TX for Sale
$1,119,000 USD
Freestanding - FOR SALE
1/4
null | 7.15% Cap Rate

1121 S Raul Longoria
Edinburg, TX 78542


HIGHLIGHTS

  • 10-Year Operating History | 4+ Years Remaining | Scheduled Rental Increases | Corporate Guaranteed | Top 5% DG
  • NN Lease | Fee Simple Ownership | Zero Landlord Responsibilities
  • Fronting S Raul Longoria Rd | Interstate 69C | Surrounding Retailers | Excellent Visibility & Access
  • Dollar General Corporation Reports Q2 2024 Results

OVERVIEW

• Dollar General has operated at this location for 10 years and has 4+ 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

FOR SALE DETAILS

PRICE

$1,119,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | Top 5% DG (Placer.AI)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

Commercial

APN/PARCEL ID

T3565-00-000-0032-00

ASK ABOUT THIS PROPERTY

Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.