The EngVest Group is pleased to present the opportunity to acquire the fee-simple interest in a Dollar General located at 203 E Ferguson Street in Pharr, Texas. This investment offers an attractive combination of passive income, long-term stability, and national credit strength, backed by a corporate guarantee from Dollar General Corporation (S&P: BBB). With just under four years remaining on a NN lease and minimal landlord responsibilities, this property delivers a truly low-maintenance opportunity in one of the most resilient retail segments.
Recently renovated in 2022—including upgrades to the exterior, signage, parking lot, roof, and HVAC—the store reflects the tenant’s long-term commitment to the location. The lease includes three (3) five-year renewal options with 10% rental increases at each period, providing a built-in inflation hedge. Positioned just off Highway 281, the site benefits from excellent visibility and access, with over 28,170 vehicles per day on E Ferguson Street. Additionally, the property is only 12 miles from the U.S.-Mexico border and the high-traffic Pharr–Reynosa International Bridge, which saw over 1.2 million crossings in 2023. With strong five-mile demographics of 227,220 residents and an average household income of $66,106, this Dollar General stands as a compelling investment at a low entry price, anchored by essential retail demand and economic durability.