804 S Slaughter Ave - Freestanding FOR SALE


Sundown, TX 79372 | 
$745,000 USD
469-916-8811
804 S Slaughter Ave, Sundown, TX for Sale
$745,000 USD
Freestanding - FOR SALE
1/8
null | 9.59% Cap Rate

804 S Slaughter Ave
Sundown, TX 79372


HIGHLIGHTS

  • Fee-Simple NN Lease Structure: Low-maintenance investment featuring 4 ½ years of initial term remaining with minimal landlord responsibilities.
  • Strong Corporate Guaranty (S&P: BBB): Leased to Dollar General Corporation (NYSE: DG), an investment-grade, recession-resilient essential retailer
  • Captive Regional Market (Monopoly Location): The only national retailer and dollar store within a 10-mile radius
  • Built-in Inflation Hedge: 5% rent escalations at each option period
  • Low-Barrier Price Point: Attractive, highly accessible deal size for private investors or 1031 buyers seeking stable passive cash flow.
  • Prime Hard-Corner Site & High Visibility: Strategically positioned at the hard corner of South Slaughter St. and West Richardson St

OVERVIEW

The EngVest Group is pleased to present the Dollar General property located at 804 S. Slaughter Ave in Sundown, TX, representing a premier net lease investment opportunity featuring 4.5 years of remaining lease term on a Fee-Simple NN lease with minimal landlord responsibilities. The lease is backed by an investment-grade corporate guaranty from Dollar General Corporation (NYSE: DG | S&P: BBB), providing investors with ultimate security from one of the nation’s most recession-resilient essential retailers. Built-in 5% rental increases at each option period offer continuous protection against inflation and predictable income growth over the hold period. Positioned at an accessible, low-barrier price point, this offering is ideally suited for 1031 exchange buyers seeking passive, defensive cash flow. Dollar General has proven its immunity to economic downturns and e-commerce friction, remaining a dominant force in rural retail. The store enjoys a true retail monopoly, operating as the only national retailer and dollar store within a 10-mile radius. This lack of local competition ensures a highly captive customer base and consistent, long-term store sales from the surrounding trade area. Strategically located at the hard corner of S. Slaughter Ave and W. Richardson St, the site benefits from high visibility, dual access points, and traffic counts exceeding 3,600 vehicles per day. Positioned as a central civic and community anchor, the property sits directly adjacent to key local drivers including Sundown High School, City Hall, the U.S. Post Office, and emergency services. This rare combination of investment-grade credit, captive market dominance, inflation-hedged income, and prime downtown placement makes 804 S. Slaughter Ave an exceptional commercial real estate acquisition.

FOR SALE DETAILS

PRICE

$745,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

9.59%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | Limited Competition | Texas

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

Commercial (F1)

APN/PARCEL ID

R10141,R16123,R6177

ASK ABOUT THIS PROPERTY

Austin CheExp Commercial of California, Inc.More Info
469-916-8811

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Austin CheExp Commercial of California, Inc.More Info
469-916-8811

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