4819 Heritage Pkwy - Freestanding FOR SALE


Leroy, TX 76654
$2,144,708 USD
858-373-3184

NO PHOTO

$2,144,708 USD
Freestanding - FOR SALE
null | 6.5% Cap Rate

4819 Heritage Pkwy
Leroy, TX 76654


HIGHLIGHTS

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years Throughout the Initial Term and Options.
  • Dollar General (NYSE: DG) Features Investment Grade Credit Rating “BBB” by S&P’s and Annual Revenue Exceeding $42.72 Billion.
  • Located along the Dominant I-35 Growth Corridor, Situated Midway Between Dallas–Fort Worth and Austin.
  • McLennan County has Grown over 16% Since 2010, Reaching an Estimated 273,692 Residents in 2026.
  • No General Merchandise Retail Exists within the Immediate Leroy Trade Area, Positioning the Subject Property as the Primary Everyday Convenience.

OVERVIEW

15 Year Absolute Net Lease w/ Rent Increases | Brand New 2026 Construction | Limited Competition | Primary FM 2311 Arterial Frontage | Dallas–Austin I-35 Corridor | Underserved Immediate Trade Area | Amazon Resistant Investment Grade Retail Concept.

FOR SALE DETAILS

PRICE

$2,144,708 USD

PRICE/SF

$236 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DOLLAR GENERAL | 15 YEAR ABSOLUTE NNN w/ RENT

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.19 AC

LAND SF

95,396 SF

ZONING

-

APN/PARCEL ID

50-003889-000103-0

ASK ABOUT THIS PROPERTY

Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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