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26456867
26456868

813 Hutchings Ave, Ballinger, TX 76821

AC
CA CA 02110939
eXp Commercial
CW
TX 0570017
Engvest Group - eXp Commercial
Listed by eXp Commercial, Engvest Group - eXp Commercial
$486,000
29 days on market
Updated 17 days ago

Dollar General & Storefront Retail | Value-Add Opportunity

Details
APN R000008869; R000008873; R000020191
Property Type Retail
Sub Type Convenience Store, Shopping Center (+1)
Square Footage 17,640
Units 2
Cap Rate 8.16%
Occupancy 50%
Tenancy Multi
Brand/Tenant Dollar General
Lease Type NNN
Lease Term 33.1
Lease Expiration 03/31/2031
Remaining Term 4.8
Rent Bumps Yes
Lease Options One 3 Year Option
Price per SqFt $28
Broker Co-Op Yes
Year Built 1910
Buildings 2
Lot Size (SqFt) 23,640
Investment Type Net Lease
Lease Commencement 02/27/1998
Occupancy Date 02/27/1998
Ground Lease No
Ownership Fee-Simple

BITE SIZED NET LEASE OPPORTUNITY

Marketing description

The EngVest Group is pleased to present the rare opportunity to acquire a two-property portfolio in Ballinger, Texas, consisting of a Dollar General with a strong corporate guarantee and an adjacent retail storefront—ideal for an owner-user or a value-add investor.

This offering delivers an attractive mix of stable, long-term income from a national investment-grade tenant (Dollar General Corporation, S&P: BBB) alongside a flexible retail space that can be leased for additional upside or occupied by an owner-operator. The Dollar General features approximately 5½ years remaining on a NN fee-simple lease with minimal landlord responsibilities, ensuring dependable cash flow and reduced management demands.

The property has been recently renovated, including a brand-new roof, HVAC units, and water heater, underscoring the tenant’s commitment to the location. As the only dollar store within a 15-mile radius, this store benefits from a loyal, captive customer base and is well-positioned to continue performing as an essential retailer resilient to economic downturns, e-commerce disruption, and shifting consumer trends.

Located at a high-visibility hard corner along Hutchings Avenue (Hwy 67), the site sees over 10,760 vehicles per day and is surrounded by key local infrastructure—including the County Courthouse, hospital, schools, churches, warehouses, and other community hubs—driving consistent traffic and sales.

With its low price point relative to replacement cost, this portfolio offers an accessible entry into the market for investors seeking a strong yield secured by national credit. Both assets are available together or individually, providing flexibility for a range of buyer strategies.

Investment highlights

  • Ideal for a Potential Owner User or Potential Investors Seeking to Add-Value

  • 5 ½ Years Remaining on NN Fee-Simple Lease – Minimal Landlord Responsibilities

  • Dollar General Corporation (S&P: BBB) – Strong Corporate Guarantee from a National, Investment-Grade Tenant

  • Recently Renovated – Brand New Roof, HVAC Units, and Water Heater

  • Only Dollar Store in a 15-Mile Radius – Captive Customer Base

  • Essential Retailer – Proven Resilience to Economic Downturns, E-Commerce, and Pandemics

  • Attractive Low Price Point – Accessible Entry for Investors Seeking Strong Yield with National Credit & Priced Well Below Replacement Cost

  • High Visibility and Hard Corner Location on Hutchings Ave (Hwy 67) That Sees 10,760+ CPD

Listing Contacts

AC
CA CA 02110939
eXp Commercial
CW
TX 0570017
Engvest Group - eXp Commercial
Listed by eXp Commercial, Engvest Group - eXp Commercial

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