Dollar General
Retail | 7.00% CAP | 9,014 SqFt
Marketing description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General in Mason, TX. This property is a low price point Dollar General with no options remaining, offering strong negotiating power for a future landlord. The tenant recently exercised their final option with a 10% rent increase and has committed to remodeling the store at their own expense, all while maintaining uninterrupted access and open driveways.
Property Website: https://trinityreis.com/listing/901-carter-st/
Investment highlights
Low Price Point Dollar General With No Options Remaining, Leaving Negotiating Power for a Future Landlord. The Last Option was Recently Exercised in Full With a 10% Rent Increase
Dollar General Recently Gave Notice That They are Remodeling the Store at Their Own Expense. The Store Will Remain Open During This Time With Uninterrupted Access and Clear Driveways
The Tenant is Paying an Additional $413.14/Month for Parking lot Maintenance Which Increases to $488.26/Month on March 1, 2026. This Reimbursement is not Factored Into the NOI
Dollar General has Operated at This Site Since 2006, Reflecting Nearly two Decades of Proven Commitment and Long-Term Performance
Great Visibility Along Fort McKavitt St With 9,000 Vehicles Passing by Daily
Limited Local Retail Competition, Store Located on the Main Thoroughfare in Mason
Dollar General has a low Occupancy Cost and Irreplicable Rent
Strong Corporate Guaranty by Dollar General Corporation, With an S&P Credit Rating of BBB and Operates 20,000+ Locations
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