Rio Grande Valley Dollar General Portfolio
27,327 SF NN-Leased Portfolio | Tenant: Dollar General (NYSE: DG)
Marketing description
The Rio Grande Valley Dollar General Portfolio offers investors the opportunity to acquire three corporately guaranteed, necessity-based retail assets in one of Texas’ fastest growing regions. Strategically positioned along the Edinburg–Weslaco–Harlingen corridor, the stores are clustered within 20–45 minutes of each other, creating a cohesive regional presence that enhances operational efficiency and long-term stability.
Priced at $3,198,205 with a 7.15% blended cap rate, the portfolio generates over $228,000 in annual base rent across a combined 27,327 SF footprint, backed by Dollar General (NYSE: DG), an investment-grade tenant rated BBB/Baa3. Each property is secured by a long-term NN lease with 5–6 years remaining in the initial term and three 5-year extension options, ensuring predictable income with limited landlord responsibilities.
Positioned for both private and institutional buyers, this portfolio combines durable cash flow, scalable oversight, and multiple exit strategies. Whether held together for yield and efficiency or sold individually into the 1031 exchange market, the Rio Grande Valley Dollar General Portfolio delivers a compelling balance of security, yield, and flexibility.
Investment highlights
Tenant: Dollar General (NYSE: DG | Investment Grade: BBB/Baa3)
Lease Type: NN Lease – minimal landlord responsibilities (roof/structure only)
Remaining Term: 5–6 years initial term with three (3) × 5-year extension options
Portfolio Size: 3 locations totaling 27,327 SF along the Rio Grande Valley corridor (Edinburg, Weslaco, Harlingen)
Annual Base Rent: $228,668
Cap Rate: 7.15% blended
Purchase Price: $3,198,205
Corporate Guarantee: Leases backed by Dollar General Corporation (NYSE: DG)
Clustered Efficiency: Properties located within 10–35 miles of each other, enabling streamlined oversight and reduced operational costs
Exit Flexibility: Option to sell as a portfolio for institutional pricing or individually (~$1.07M each) to capture 1031 exchange demand
Necessity-Based Retail: Discount retailer model provides durable, recession-resistant income stream
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