

Dollar General
2022 Dollar General Development | Houston, TX MSA!
Marketing description
Embree Capital Markets Group is pleased to present a prime net lease investment opportunity: a newly constructed, single-tenant Dollar General store located at 3416 West Loop, El Campo, Texas. This 10,857-square-foot property, situated on a 1.25-acre parcel, is secured by a 15-year absolute NNN lease commencing on August 26, 2022. The lease includes 10% rent escalations at each of the four 5-year renewal options, providing investors with long-term income growth and zero landlord responsibilities.
Strategically located along the West Loop, the property benefits from high visibility and accessibility, with daily traffic counts exceeding 11,000 vehicles. El Campo, the largest city in Wharton County, is experiencing steady growth, bolstered by its proximity to Houston, approximately 70 miles to the northwest. The area features a mix of national retailers and local businesses, contributing to a robust economic environment.
This offering provides investors with a stable, long-term asset backed by Dollar General Corporation (NYSE: DG), an investment-grade tenant with a BBB credit rating from S&P. As of February 2024, Dollar General operates over 19,986 retail stores across 48 U.S. states and Mexico, demonstrating its strong market presence and commitment to serving communities nationwide.
Investment highlights
2022 Built-to-Suit
15-Year Absolute NNN Lease
10% Increases at Each Option
Four, 5-Year Option Periods
Low $12.57 Rent / Sq. Ft.
11,000+ Vehicles Per Day Traffic Count
13,000+ Population With 1-Mile
$70,000+ Avg. Household Income Within 1-Mile
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