Dollar General - Top 2% of all DGs in USA
Recent Lease Extension | 9,014 SqFt
Marketing description
Introducing an exceptional investment opportunity at 1406 W Monte Cristo Road, Edinburg, Texas 78541. This single-tenant NN property boasts a top 2% ranking among Dollar Generals based on Placer.AI data with over 5 years remaining on the lease, recently extended to 2031. Featuring a strong net operating income of $83,580, this property offers a competitive 7.25% cap rate, presenting a lucrative option for savvy investors. The corporate-guaranteed lease includes three 5-year renewal options with 10% rental increases, ensuring a secure and escalating revenue stream. With Dollar General shouldering all maintenance costs except for roof, structure, and HVAC, this investment is hassle-free for landlords. Surrounded by a robust demographic profile including over 117,000 residents and 31,000 employees within a 5-mile radius, this property presents a prime opportunity for long-term growth and stability in the thriving Edinburg market.
Investment highlights
10-Year Operating History | 5+ Years Remaining | Scheduled Rental Increases | Corporate Guaranteed
NN Lease | Fee Simple Ownership | Zero Landlord Responsibilities
Fronting W Monte Cristo Rd | Interstate 69C | Surrounding National/Credit Tenants | Excellent Visibility & Access | Nearby Schools
Local Demographics in 5-mile Trade Area
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