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32289430
29807830

TBD FM-621 / Wheat Field Ln, San Marcos, TX 78666

CH
TX 597585
Trinity Real Estate Investment Services
CC
TX 697980
Trinity Real Estate Investment Services
EK
TX 9007104
Trinity Real Estate Investment Services
BB
TX 611825
Trinity Real Estate Investment Services
Listed by Trinity Real Estate Investment Services
$2,692,585
108 days on market
Updated 32 days ago

Dollar General Market

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 10,566
Cap Rate 6%
NOI $161,555
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree (+3)
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 09/30/2041
Remaining Term 15.4
Rent Bumps Yes
Lease Options Five (5), 5-Year; 5%
Price per SqFt $255
Year Built 2026
Acreage 1.260
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 09/15/2026
Ground Lease No
Ownership Fee Simple

Retail | 6.00% CAP | 10,566 SqFt

Marketing description

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General Market in San Marcos, TX. This property is a 2026 development store in the Austin MSA secured by a 15‑year absolute NNN lease with zero landlord responsibilities and 5% rent increases every five years.

Property Website: https://trinityreis.com/listing/tbd-fm-621-wheat-field-ln/

Investment highlights

  • 2026 Development Dollar General Market in San Marcos, TX - Austin MSA
  • 15-Year Absolute NNN Lease - Zero Landlord Responsibilities
  • 5% Rent Increases Every 5 Years Throughout Primary Term and Options
  • Highly Visible Frontage on FM 621 With 5,000+ Vehicles Passing Daily
  • 10,566 Square Foot Prototype That Accommodates a Larger Volume of Customers
  • Rapidly Growing Population Within 5-Mile Radius Over the Past 10 Years With 56,000+ Residents
  • Affluent Trade Area – $100K+ Avg. Household Income Within 3 Miles
  • Strong Corporate Guaranty by Dollar General Corporation, With an S&P Credit Rating of BBB and Operates 20,000+ Locations

Listing Contacts

CH
TX 597585
Trinity Real Estate Investment Services
CC
TX 697980
Trinity Real Estate Investment Services
EK
TX 9007104
Trinity Real Estate Investment Services
BB
TX 611825
Trinity Real Estate Investment Services
Listed by Trinity Real Estate Investment Services

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$161,555.00
$13,462.92/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Chance Hales
License
597585
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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