4019 State Highway 30 W - Retail FOR SALE


Huntsville, TX 77340
$1,247,000 USD
404-832-1251
4019 State Highway 30 W, Huntsville, TX for Sale
$1,247,000 USD
Retail - FOR SALE
1/5
null | 7.5% Cap Rate

4019 State Highway 30 W
Huntsville, TX 77340


HIGHLIGHTS

  • 7 Years Remaining on Dollar General in Huntsville, TX
  • Investment Grade Tenant: BBB rated by S&P 500
  • Huntsville is Home to Sam Houston State University: 21,000+ Students
  • Rent Number That is Significantly Below New Construction Locations: Average Rent For New Construction Dollar General's is $140,745
  • Growing Population Surrounding The Site: 70,000+ Residents Within 15 Minute Drive

OVERVIEW

Franklin Street is pleased to present this Dollar General location in Huntsville, TX. Huntsville is located 70 miles north of downtown Houston along Interstate 45. Huntsville is home to Sam Houston State University, the third oldest university in the state of Texas. Huntsville like most Texas cities is experiencing significant growth due to it's pro-business environment and no state income taxes. The location was built in 2017, with a new 15 year NNN lease. The site has great visibility on a busy highway leading into town, and is the only dollar store on the west side of town. Dollar General just finished it's 85th year in business and reported sales of $40.6B in 2024, with 20,594 locations at year end. This included a same store sales increase of 1.4% despite the challenges in the economy. The lease structure is set up to be a passive investment, as the tenant maintains all CAM, taxes, and insurance costs.

FOR SALE DETAILS

PRICE

$1,247,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

-

APN/PARCEL ID

62569

ASK ABOUT THIS PROPERTY

Bryan BelkFranklin StreetMore Info
404-832-1251

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Bryan BelkFranklin StreetMore Info
404-832-1251

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