262 Reidquest rd - Retail FOR SALE


Bandera, TX 78003
$1,585,000 USD
972-375-3437
262 Reidquest rd, Bandera, TX for Sale
$1,585,000 USD
Retail - FOR SALE
1/4
null | 6.35% Cap Rate

262 Reidquest rd
Bandera, TX 78003


HIGHLIGHTS

  • Unique opportunity to acquire a 15 year absolute NNN Dollar General in the Texas Hill Country
  • Store opened in March of 2023, 12 years remaining on original 15 year absolute NNN lease
  • 10,640 Dollar General "Plus" Store on over 4 acres of land
  • Located 22 miles from Kerrville and 25 miles from Boerne, providing strong connectivity across the core Hill Country corridor

OVERVIEW

Unique opportunity to acquire a 15 year absolute NNN Dollar General in the Texas Hill Country, one of the most supply-constrained, iconic, and desirable regions in the state. Hill Country Dollar Generals like in Bandera, with close proximity to San Antonio and Austin, are exceptionally rare. Store opened in March of 2023, 12 years remaining on original 15 year absolute NNN lease, 10,640 Dollar General "Plus" Store on over 4 acres of land. Bandera, Texas is a historic Hill Country community known as the "Cowboy Capital of the World," offering a unique blend of tourism, heritage, and steady local demand. Located in the scenic Texas Hill Country, Bandera attracts visitors year-round with its authentic western culture, including rodeos, dude ranches, live music, and outdoor recreation along the Medina River. Located 22 miles from Kerrville and 25 miles from Boerne, providing strong connectivity across the core Hill Country corridor, 40 miles northeast of the San Antonio metro area. Corporate-guaranteed lease by Dollar General (NYSE: DG), 19,000+ locations nationwide, and strong credit rating BBB+, market capitalization of approximately $42 billion.

FOR SALE DETAILS

PRICE

$1,585,000 USD

PRICE/SF

$149 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General -Austin TX Hill Country

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.24 AC

LAND SF

184,694 SF

ZONING

-

APN/PARCEL ID

195562

ASK ABOUT THIS PROPERTY

Gavin KamNNN Retail AdvisorsMore Info
972-375-3437

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Gavin KamNNN Retail AdvisorsMore Info
972-375-3437

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