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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30089298
30089299

4411 Weatherford Hwy, Granbury, TX 76049

Matthews
JB
TX 688810
Matthews
BB
TX 701324
Matthews
Listed by Matthews
$1,350,000
90 days on market
Updated 71 days ago

Dollar General - Granbury, TX

Details
APN 17773.001.0001.0
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 9,026
Cap Rate 6.74%
NOI $91,051
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Walgreens (+3)
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 09/30/2032
Remaining Term 6.3
Rent Bumps Yes
Lease Options Three, 5-Year
Price per SqFt $150
Year Built 2017
Acreage 2.000
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 09/29/2017
Ground Lease No
Ownership Fee Simple
Sale Condition 1031 exchange

Fort Worth MSA | Dollar General | Income Tax-Free State

Investment highlights

  • ±6.5 Years Remaining on Original 15-Year Lease Term |

  • ABS NNN structure providing zero landlord responsibilities and passive ownership profile

  • Constructed in 2017 | Modern prototype construction

  • Located Southwest of Fort Worth in a High-Growth Corridor | Granbury continues to experience sustained residential expansion and in-migration trends

  • Adjacent to Established Waterfront Community

  • Excellent Visibility Along Granbury Highway (Weatherford Hwy)

  • Strategically Positioned Between Granbury and Fort Worth Capturing commuter traffic flow

  • Strong Regional Draw | Lake Granbury supports tourism, second-home ownership, and consistent weekend visitation

  • Affluent Demographics | Average household income of approximately $184,238 annually within the surrounding area

Tenant Highlights

  • Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future.

  • Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic.

  • Dollar General boasts an investment-grade credit rating of BBB (S&P)

Listing Contacts

Matthews
JB
TX 688810
Matthews
BB
TX 701324
Matthews
Listed by Matthews

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$91,051.00
$7,587.58/mo

Valuation Metrics

0
DSCR
6.74%
Cap Rate
6.74%
ROI

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Additional Information

Name
Patrick Graham
License
528005, 9005919(TX)
Brokerage
Matthews Real Estate Investment Services, Inc
Title
Broker of Record
Name
Ty Baumgartner
License
821306
Brokerage
Matthews REIS
Brokerage Phone
2146235946
Title
TX
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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