23421 TX-36 Hwy - Retail FOR SALE


Damon, TX 77430
$1,239,000 USD
602-687-6766
23421 TX-36 Hwy, Damon, TX for Sale
$1,239,000 USD
Retail - FOR SALE
1/3
null | 7% Cap Rate

23421 TX-36 Hwy
Damon, TX 77430


HIGHLIGHTS

  • 7+ Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Guaranty by Dollar General (NYSE: DG)
  • Dollar General Operates Nearly 21,000 Stores Across the U.S. and Counting
  • 10% Rental Increases in Each of Five, Five-Year Renewal Options
  • Rapidly Growing Trade Area within the Houston MSA - Households and Population Projected to Increase ±8% within a 15-Mile Radius by 2030
  • Easily Accessible Location Along TX-36, a Primary Thoroughfare for Brazoria County with Direct Access to Interstate 69 to the North
  • Close Proximity to Brazos Bend State Park, Featuring Campsites, 37 Miles of Trails, Fishing, an Observatory, and More

OVERVIEW

Dollar General Corporation (NYSE: DG) has been delivering value to shoppers for over 84 years. Dollar General helps shoppers save money and time every day by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at low everyday prices in convenient neighborhood locations. Damon is a community in Brazoria County, Texas, located along Texas State Highway 36. Brazoria County is part of the Houston-The Woodlands-Sugar Land metropolitan statistical area.

FOR SALE DETAILS

PRICE

$1,239,000 USD

PRICE/SF

$137 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General - Abs NNN - Low Rent

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.93 AC

LAND SF

84,071 SF

ZONING

-

APN/PARCEL ID

6670-0068-001

ASK ABOUT THIS PROPERTY

Mark RubleMarcus & MillichapMore Info
602-687-6766

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Mark RubleMarcus & MillichapMore Info
602-687-6766

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